Commodity Prices

Gold •441 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,367.00	-35.50	-2.53%
WTI Crude •11 mins	63.94	-0.58	-0.90%
Gasoline •13 mins	2.024	-0.018	-0.87%
Ethanol •441 days	2.161	+0.000	+0.00%
Silver •441 days	30.82	+1.16	+3.92%

Silver • 441 days	30.82	+1.16	+3.92%
Copper • 441 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.85	-0.62	-0.91%
Natural Gas • 11 mins	3.074	-0.029	-0.93%
Heating Oil • 11 mins	2.345	-0.049	-2.04%

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EUR/USD - EUR/USD Hit Hard by ECB

By - Sep 05, 2014, 4:58 AM CDT

EUR/USD has crushed its key support at 1.3105 (06/09/2013 low) following the ECB's decisions. Hourly resistances for a short-term bounce can be found at 1.3000 (psychological threshold) and 1.3110 (02/09/2014 high).

In the longer term, EUR/USD is in a succession of lower highs and lower lows since May 2014. The break of the key support at 1.3105 (06/09/2013 low) opens the way for a decline towards the strong support area between 1.2755 (09/07/2013 low) and 1.2662 (13/11/2012 low). A key resistance lies at 1.3297 (22/08/2014 high).

Daily Technical Report