Commodity Prices

Gold •805 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,773.40	-12.50	-0.70%
WTI Crude •11 mins	101.41	-1.02	-1.00%
Gasoline •11 mins	3.504	+0.019	+0.56%
Ethanol •805 days	2.161	+0.000	+0.00%
Silver •805 days	30.82	+1.16	+3.92%

Silver • 805 days	30.82	+1.16	+3.92%
Copper • 805 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	104.28	-1.55	-1.46%
Natural Gas • 11 mins	2.901	+0.010	+0.35%
Heating Oil • 11 mins	5.089	-0.158	-3.00%

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EUR/USD - Deeper Setback from Recent Highs

By - May 05, 2015, 5:34 AM CDT

EUR/USD has declined sharply after reaching highs at 1.1224. Break of support at 1.1114 calls for a test of key support at 1.1043 (18/03/2015). A key resistance stands at 1.1150 (intraday high).

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. Key supports can be found at 1.0504 (21/03/2003 low) and 1.0000 (psychological support).

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