Commodity Prices

Gold •779 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,895.70	+56.60	+3.08%
WTI Crude •17 hours	87.06	+0.23	+0.26%
Gasoline •17 hours	3.348	+0.085	+2.61%
Ethanol •779 days	2.161	+0.000	+0.00%
Silver •779 days	30.82	+1.16	+3.92%

Silver • 779 days	30.82	+1.16	+3.92%
Copper • 779 days	4.530	+0.111	+2.51%
Brent Crude • 16 hours	94.39	+0.61	+0.65%
Natural Gas • 17 hours	2.773	+0.040	+1.46%
Heating Oil • 17 hours	4.495	+0.015	+0.32%

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EUR/GBP - Declining Toward its July's Lows

By - Sep 01, 2014, 6:03 AM CDT

EUR/GBP continues to weaken after its successful test of the key resistance at 0.8034. The break of the support at 0.7916 (06/08/2014 low) opens the way for a test of the support at 0.7874. Hourly resistances can be found at 0.7931 (intraday high) and 0.7970 (20/08/2014 low).

In the longer term, the break of the key support area between 0.8082 (01/01/2013 low) and 0.8065 (05/06/2014 low) opens the way for a full retracement of the rise that started at 0.7755 (23/07/2012 low). Another strong support stands at 0.7694 (20/10/2008 low). A break of the resistance at 0.8034 (25/06/2014 high) is needed to suggest some exhaustion in the medium-term selling pressures.

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