Commodity Prices

Gold •127 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	999.60	+6.80	+0.68%
WTI Crude •10 mins	72.55	+0.86	+1.20%
Gasoline •10 mins	2.056	+0.020	+1.00%
Ethanol •127 days	2.161	+0.000	+0.00%
Silver •127 days	30.82	+1.16	+3.92%

Silver • 127 days	30.82	+1.16	+3.92%
Copper • 127 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	75.78	+0.86	+1.15%
Natural Gas • 10 mins	2.691	-0.056	-2.04%
Heating Oil • 10 mins	2.291	+0.021	+0.91%

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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