Commodity Prices

Gold •337 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,176.60	+40.10	+3.53%
WTI Crude •10 mins	64.63	+1.26	+1.99%
Gasoline •10 mins	2.077	+0.014	+0.67%
Ethanol •337 days	2.161	+0.000	+0.00%
Silver •337 days	30.82	+1.16	+3.92%

Silver • 337 days	30.82	+1.16	+3.92%
Copper • 337 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.53	+1.19	+1.82%
Natural Gas • 10 mins	3.707	+0.030	+0.82%
Heating Oil • 10 mins	2.124	+0.030	+1.42%

Headlines

722 days Will The ECB Continue To Hike Rates?
722 days Forbes: Aramco Remains Largest Company In The Middle East
724 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,124 days Could Crypto Overtake Traditional Investment?
1,129 days Americans Still Quitting Jobs At Record Pace
1,131 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,134 days Is The Dollar Too Strong?
1,134 days Big Tech Disappoints Investors on Earnings Calls
1,135 days Fear And Celebration On Twitter as Musk Takes The Reins
1,137 days China Is Quietly Trying To Distance Itself From Russia
1,137 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,141 days Crypto Investors Won Big In 2021
1,141 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,142 days Food Prices Are Skyrocketing As Putin’s War Persists
1,144 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,145 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,148 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,149 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,149 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,151 days Are NFTs About To Take Over Gaming?

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

EUR/JPY - Monitoring Support At 122.56

By - Jun 08, 2017, 8:14 AM CDT

USD/JPY is trading lower. The road seems wide open towards strong support located at 108.13 (17/04/2017 low). Hourly resistance is given at 112.13 (24/05/2017 high). 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).

Daily Technical Report