Commodity Prices

Gold •459 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,660.00	+17.90	+1.09%
WTI Crude •11 mins	61.85	+0.97	+1.59%
Gasoline •11 mins	1.903	+0.042	+2.26%
Ethanol •459 days	2.161	+0.000	+0.00%
Silver •459 days	30.82	+1.16	+3.92%

Silver • 459 days	30.82	+1.16	+3.92%
Copper • 459 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	65.62	+1.09	+1.69%
Natural Gas • 11 mins	3.388	+0.064	+1.93%
Heating Oil • 11 mins	2.246	+0.010	+0.42%

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USD/JPY - Ready For Another Leg Lower

By - Jun 14, 2017, 6:11 AM CDT

USD/JPY's short-term bearish pressures are back. The pair is bouncing lower. Hourly support can be found at 109.12 (07/06/2017 high). Strong support is located at 108.13 (17/04/2017 low). Hourly resistance is given at 110.81 (09/06/2017 high). Other key supports lie at a distance 106.04 (11/11/2016 low). Wide-open for further decline.

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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