Commodity Prices

Gold •774 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,761.80	+4.90	+0.28%
WTI Crude •11 mins	82.35	-0.05	-0.06%
Gasoline •13 mins	3.175	-0.009	-0.28%
Ethanol •774 days	2.161	+0.000	+0.00%
Silver •774 days	30.82	+1.16	+3.92%

Silver • 774 days	30.82	+1.16	+3.92%
Copper • 774 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	88.77	+0.25	+0.28%
Natural Gas • 11 mins	2.660	-0.073	-2.67%
Heating Oil • 22 mins	4.281	-0.002	-0.04%

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EUR/GBP - Challenging The Key Support at 0.7755

By - Jan 14, 2015, 2:25 PM CST

EUR/GBP is challenging its strong support at 0.7755. Another strong support stands at 0.7694 (20/10/2008 low). Resistances can now be found at 0.7831 (12/01/2015 high) and 0.7875 (25/12/2014 high).

In the longer term, the major support area between 0.7755 (23/07/2012 low) and 0.7694 (20/10/2008 low) has held thus far. However, as long as prices remain below the resistance area between 0.8034 (25/06/2014 high, see also the 200-day moving average) and 0.8066, the technical structure favours a bearish bias.

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