Commodity Prices

Gold •557 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,380.70	+84.00	+3.66%
WTI Crude •11 mins	59.23	+0.11	+0.19%
Gasoline •14 mins	1.789	+0.008	+0.46%
Ethanol •557 days	2.161	+0.000	+0.00%
Silver •557 days	30.82	+1.16	+3.92%

Silver • 557 days	30.82	+1.16	+3.92%
Copper • 557 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	63.47	+0.13	+0.21%
Natural Gas • 11 mins	3.216	+0.047	+1.48%
Heating Oil • 13 mins	2.144	+0.009	+0.43%

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EUR/USD - Making Fresh 9-Year Lows

By - Jan 08, 2015, 3:09 PM CST

EUR/USD has broken its support at 1.1877 (07/06/2010 low), confirming a strong bearish momentum. Another key support now lies at 1.1640. Hourly resistances can be found at 1.1897 (intraday high) and 1.1976 (intraday high).

In the longer term, the break of the strong support area between 1.2043 (24/07/2012 low) and 1.1877 (07/06/2010 low) confirms the underlying bearish trend. The long-term symmetrical triangle favours further significant weakness. Key supports can be found at 1.1640 (15/11/2005) and 1.0765 (03/09/2003 low), whereas a key resistance stands at 1.2252 (25/12/2014 high).

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