Commodity Prices

Gold •471 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,619.50	-135.60	-7.73%
WTI Crude •2 hours	57.54	+0.08	+0.14%
Gasoline •2 hours	1.838	+0.026	+1.44%
Ethanol •471 days	2.161	+0.000	+0.00%
Silver •471 days	30.82	+1.16	+3.92%

Silver • 471 days	30.82	+1.16	+3.92%
Copper • 471 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	61.29	+0.23	+0.38%
Natural Gas • 2 hours	3.008	+0.070	+2.38%
Heating Oil • 2 hours	2.180	+0.027	+1.23%

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EUR/USD - Drifting Higher

By - Jul 06, 2015, 6:05 AM CDT

EUR/USD has opened with a wide gap but the pair is now heading upwards. Hourly resistance is at 1.1278 (29/06/2015 high). Stronger resistance lies at 1.1436 (18/06/2015 high). Hourly support is given at 1.0868 (28/05/2015 low). We expect the pair to remain below 1.1100.

In the longer term, the symmetrical triangle from 2010-2014 favors 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). Break to the upside would suggest a test of resistance at 1.1534 (03/02/2015 reaction high).

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