Commodity Prices

Gold •124 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,005.80	+15.30	+1.54%
WTI Crude •11 mins	72.46	+0.99	+1.39%
Gasoline •10 mins	2.055	+0.036	+1.76%
Ethanol •124 days	2.161	+0.000	+0.00%
Silver •124 days	30.82	+1.16	+3.92%

Silver • 124 days	30.82	+1.16	+3.92%
Copper • 124 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	76.01	+0.93	+1.24%
Natural Gas • 10 mins	2.724	-0.057	-2.05%
Heating Oil • 10 mins	2.316	+0.032	+1.39%

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EUR/USD - Weak Bounce Thus Far

By - Sep 15, 2014, 5:49 AM CDT

EUR/USD is trying to bounce from its oversold decline. However, the hourly resistance at 1.2988 (05/09/2014 high) has held thus far. A break of the hourly support at 1.2860 would signal the resumption of the underlying downtrend. Another hourly resistance can be found at 1.3110 (02/09/2014 low).

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 1.3221 (28/08/2014 high).

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