Commodity Prices

Gold •695 days	2,368.70	+35.30	+1.51%
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WTI Crude •10 mins	87.61	-1.29	-1.45%
Gasoline •11 mins	3.039	-0.062	-1.98%
Ethanol •695 days	2.161	+0.000	+0.00%
Silver •695 days	30.82	+1.16	+3.92%

Silver • 695 days	30.82	+1.16	+3.92%
Copper • 695 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	91.47	-1.23	-1.33%
Natural Gas • 11 mins	3.284	-0.001	-0.03%
Heating Oil • 1 hour	3.533	-0.086	-2.37%

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EUR/USD - Drifting Lower

By - Jul 28, 2015, 5:10 AM CDT

EUR/USD has decreased and is now holding below 1.1100. Hourly resistance lies at 1.1278 (29/06/2015 high). Stronger resistance lies at 1.1436 (18/06/2015 high). Support can be found at 1.0660 (21/04/2015 low). Over the last month, the pair is setting lower highs therefore we remain bearish.

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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