Commodity Prices

Gold •134 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	947.70	+3.70	+0.39%
WTI Crude •10 mins	67.77	-0.93	-1.35%
Gasoline •11 mins	1.957	-0.024	-1.23%
Ethanol •134 days	2.161	+0.000	+0.00%
Silver •134 days	30.82	+1.16	+3.92%

Silver • 134 days	30.82	+1.16	+3.92%
Copper • 134 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	71.58	-0.98	-1.35%
Natural Gas • 11 mins	2.720	-0.065	-2.33%
Heating Oil • 11 mins	2.183	-0.030	-1.34%

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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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