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Gold •173 days	2,368.70	+35.30	+1.51%
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Gasoline •10 mins	1.972	+0.033	+1.72%
Ethanol •173 days	2.161	+0.000	+0.00%
Silver •173 days	30.82	+1.16	+3.92%

Silver • 173 days	30.82	+1.16	+3.92%
Copper • 173 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.54	+0.91	+1.25%
Natural Gas • 10 mins	3.884	+0.228	+6.24%
Heating Oil • 10 mins	2.237	+0.011	+0.49%

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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