Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	965.80	-4.70	-0.48%
WTI Crude •10 mins	69.77	-0.33	-0.47%
Gasoline •11 mins	2.045	-0.015	-0.71%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.93	-0.30	-0.40%
Natural Gas • 10 mins	3.301	-0.038	-1.14%
Heating Oil • 11 mins	2.257	-0.017	-0.76%

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EUR/USD - Breaking Support at 1.0916

By - Jul 16, 2015, 5:33 AM CDT

EUR/USD has broken hourly support at 1.0916 (07/07/2016). Hourly resistance lies at 1.1278 (29/06/2015 high). Stronger resistance lies at 1.1436 (18/06/2015 high). However, we expect support at 1.0819 to be challenged.

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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