Commodity Prices

Gold •140 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	967.80	+2.00	+0.21%
WTI Crude •11 mins	69.67	+0.92	+1.34%
Gasoline •11 mins	2.035	-0.011	-0.54%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •140 days	30.82	+1.16	+3.92%

Silver • 140 days	30.82	+1.16	+3.92%
Copper • 140 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	73.71	+0.90	+1.24%
Natural Gas • 10 mins	3.390	+0.197	+6.17%
Heating Oil • 11 mins	2.250	+0.023	+1.04%

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USD/JPY – Renewed Bearish Pressures

By - Jun 06, 2017, 6:57 AM CDT

USD/JPY is trading lower. Hourly support has been broken at 110.24 (18/05/2017 low). Hourly resistance is given at 112.13 (24/05/2017 high). Stronger support is located at 108.13 (17/04/2017 low). Other key supports lie at a distance 106.04 (11/11/2016 low).

We favor a long-term bearish bias. Support is now given at 96.57 (10/08/2013 low). A gradual rise towards the major resistance at 135.15 (01/02/2002 high) seems absolutely unlikely. Expected to decline further support at 93.79 (13/06/2013 low).

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