Commodity Prices

Gold •10 mins	1,913.20	-6.60	-0.34%
Platinum •10 mins	909.60	-4.60	-0.50%
WTI Crude •10 mins	91.77	+1.38	+1.53%
Gasoline •24 mins	2.584	+0.022	+0.84%
Ethanol •13 hours	2.161	+0.000	+0.00%
Silver •10 mins	23.07	-0.13	-0.56%

Silver • 10 mins	23.07	-0.13	-0.56%
Copper • 10 mins	3.644	-0.006	-0.15%
Brent Crude • 10 mins	95.09	+1.13	+1.20%
Natural Gas • 14 mins	2.660	+0.004	+0.15%
Heating Oil • 39 mins	3.234	+0.010	+0.30%

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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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