Commodity Prices

Gold •639 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,983.20	-6.50	-0.33%
WTI Crude •1 day	111.54	+11.42	+11.41%
Gasoline •1 day	3.288	+0.197	+6.36%
Ethanol •639 days	2.161	+0.000	+0.00%
Silver •639 days	30.82	+1.16	+3.92%

Silver • 639 days	30.82	+1.16	+3.92%
Copper • 639 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	109.03	+7.87	+7.78%
Natural Gas • 1 day	2.800	-0.019	-0.67%
Heating Oil • 1 day	4.361	+0.304	+7.50%

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EUR/USD - The Strong Support at 1.3296 is Challenged

By - Aug 20, 2014, 5:13 AM CDT

EUR/USD has broken its support at 1.3333 and is now challenging the strong support at 1.3296. Hourly resistances for a short-term bounce can be found at 1.3336 (12/08/2014 low) and 1.3366 (intraday high).

In the longer term, EUR/USD is in a succession of lower highs and lower lows since May 2014. The downside risk is given by 1.3210 (second leg lower after the rebound from 1.3503 to 1.3700). Strong supports stand at 1.3296 (07/11/2013 low) and 1.3105 (06/09/2013 low). A key resistance lies at 1.3444 (28/07/2014 high).

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