Commodity Prices

Gold •274 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	941.00	-15.60	-1.63%
WTI Crude •10 mins	62.00	-4.95	-7.39%
Gasoline •10 mins	2.052	-0.113	-5.20%
Ethanol •274 days	2.161	+0.000	+0.00%
Silver •274 days	30.82	+1.16	+3.92%

Silver • 274 days	30.82	+1.16	+3.92%
Copper • 274 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.42	-4.72	-6.73%
Natural Gas • 10 mins	3.999	-0.139	-3.36%
Heating Oil • 10 mins	2.077	-0.112	-5.11%

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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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