Commodity Prices

Gold •439 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,421.00	+3.80	+0.27%
WTI Crude •11 mins	64.06	+0.76	+1.20%
Gasoline •11 mins	2.035	+0.022	+1.09%
Ethanol •439 days	2.161	+0.000	+0.00%
Silver •439 days	30.82	+1.16	+3.92%

Silver • 439 days	30.82	+1.16	+3.92%
Copper • 439 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	68.04	+0.60	+0.89%
Natural Gas • 11 mins	3.053	+0.010	+0.33%
Heating Oil • 11 mins	2.373	+0.042	+1.78%

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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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