Commodity Prices

Gold •736 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,630.70	+0.60	+0.04%
WTI Crude •11 mins	72.25	+0.17	+0.24%
Gasoline •11 mins	3.014	-0.024	-0.80%
Ethanol •736 days	2.161	+0.000	+0.00%
Silver •736 days	30.82	+1.16	+3.92%

Silver • 736 days	30.82	+1.16	+3.92%
Copper • 736 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	76.50	+0.20	+0.26%
Natural Gas • 11 mins	2.990	-0.022	-0.73%
Heating Oil • 11 mins	3.548	-0.024	-0.66%

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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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