Commodity Prices

Gold •356 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,329.50	+7.30	+0.55%
WTI Crude •10 mins	65.36	+0.99	+1.54%
Gasoline •20 mins	2.115	+0.029	+1.40%
Ethanol •356 days	2.161	+0.000	+0.00%
Silver •356 days	30.82	+1.16	+3.92%

Silver • 356 days	30.82	+1.16	+3.92%
Copper • 356 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.13	+0.99	+1.47%
Natural Gas • 11 mins	3.558	+0.021	+0.59%
Heating Oil • 10 mins	2.324	+0.039	+1.70%

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EUR/USD - Next Target 1.1043

By - Apr 29, 2015, 5:38 AM CDT

EUR/USD is preparing to challenge consolidation phase. The break of resistance at 1.0927 (27/04/2015 high) indicates an improving short-term technical configuration. A key resistance stands at 1.1043. Hourly supports can be found at 1.0963 and 1.0862.

In the longer term, the symmetrical triangle from 2010-2014 favours further weakness towards parity. As a result, we view the recent sideways moves as a pause in an underlying declining trend. A strong resistance stands at 1.1114 (05/03/2015 low). Key supports can be found at 1.0504 (21/03/2003 low) and 1.0000 (psychological support).

Daily Technical Report