Commodity Prices

Gold •702 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,797.90	-102.00	-5.37%
WTI Crude •7 hours	90.54	-2.50	-2.69%
Gasoline •7 hours	3.046	+0.008	+0.25%
Ethanol •702 days	2.161	+0.000	+0.00%
Silver •702 days	30.82	+1.16	+3.92%

Silver • 702 days	30.82	+1.16	+3.92%
Copper • 702 days	4.530	+0.111	+2.51%
Brent Crude • 6 hours	93.09	-1.94	-2.04%
Natural Gas • 7 hours	3.229	-0.107	-3.21%
Heating Oil • 7 hours	3.587	-0.086	-2.35%

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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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