Commodity Prices

Gold •463 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,657.90	+1.50	+0.09%
WTI Crude •11 mins	61.03	-0.48	-0.78%
Gasoline •13 mins	1.874	-0.009	-0.46%
Ethanol •463 days	2.161	+0.000	+0.00%
Silver •463 days	30.82	+1.16	+3.92%

Silver • 463 days	30.82	+1.16	+3.92%
Copper • 463 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	64.68	-0.54	-0.83%
Natural Gas • 11 mins	3.205	-0.064	-1.96%
Heating Oil • 11 mins	2.274	-0.006	-0.26%

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EUR/USD - Approaching Support at 1.0916

By - Jul 14, 2015, 5:09 AM CDT

EUR/USD is still trading between hourly resistance at 1.1278 (29/06/2015 high) and hourly support at 1.0916 (07/07/2015 low). Stronger resistance lies at 1.1436 (18/06/2015 high). The short-term downside momentum is likely to continue.

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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