Commodity Prices

Gold •127 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	990.90	-8.20	-0.82%
WTI Crude •10 mins	71.08	-1.28	-1.77%
Gasoline •10 mins	2.025	-0.029	-1.41%
Ethanol •127 days	2.161	+0.000	+0.00%
Silver •127 days	30.82	+1.16	+3.92%

Silver • 127 days	30.82	+1.16	+3.92%
Copper • 127 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.51	-1.12	-1.48%
Natural Gas • 10 mins	2.708	+0.015	+0.56%
Heating Oil • 10 mins	2.254	-0.032	-1.41%

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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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