Commodity Prices

Gold •361 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,363.70	+11.80	+0.87%
WTI Crude •10 mins	65.18	-0.34	-0.52%
Gasoline •2 days	2.069	-0.008	-0.40%
Ethanol •361 days	2.161	+0.000	+0.00%
Silver •361 days	30.82	+1.16	+3.92%

Silver • 361 days	30.82	+1.16	+3.92%
Copper • 361 days	4.530	+0.111	+2.51%
Brent Crude • 14 mins	67.55	-0.22	-0.32%
Natural Gas • 10 mins	3.656	-0.083	-2.22%
Heating Oil • 2 days	2.241	-0.049	-2.14%

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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