Commodity Prices

Gold •468 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,682.80	+6.30	+0.38%
WTI Crude •11 mins	58.53	-0.17	-0.29%
Gasoline •11 mins	1.826	-0.002	-0.13%
Ethanol •468 days	2.161	+0.000	+0.00%
Silver •468 days	30.82	+1.16	+3.92%

Silver • 468 days	30.82	+1.16	+3.92%
Copper • 468 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	62.20	-0.19	-0.30%
Natural Gas • 11 mins	3.010	-0.018	-0.59%
Heating Oil • 12 mins	2.196	-0.002	-0.09%

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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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