Commodity Prices

Gold •615 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	2,206.70	-27.60	-1.24%
WTI Crude •11 mins	83.21	-0.24	-0.29%
Gasoline •11 mins	2.655	+0.015	+0.57%
Ethanol •615 days	2.161	+0.000	+0.00%
Silver •615 days	30.82	+1.16	+3.92%

Silver • 615 days	30.82	+1.16	+3.92%
Copper • 615 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	87.13	-0.67	-0.76%
Natural Gas • 11 mins	3.029	+0.009	+0.30%
Heating Oil • 14 mins	3.403	+0.056	+1.67%

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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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