Commodity Prices

Gold •493 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,549.10	+11.50	+0.75%
WTI Crude •1 day	59.75	+0.32	+0.54%
Gasoline •1 day	1.940	-0.025	-1.29%
Ethanol •493 days	2.161	+0.000	+0.00%
Silver •493 days	30.82	+1.16	+3.92%

Silver • 493 days	30.82	+1.16	+3.92%
Copper • 493 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	63.63	+0.25	+0.39%
Natural Gas • 1 day	4.315	-0.042	-0.96%
Heating Oil • 1 day	2.482	-0.014	-0.56%

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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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