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Gold •819 days	2,368.70	+35.30	+1.51%
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WTI Crude •11 mins	89.46	-0.96	-1.06%
Gasoline •12 mins	3.249	-0.012	-0.36%
Ethanol •819 days	2.161	+0.000	+0.00%
Silver •819 days	30.82	+1.16	+3.92%

Silver • 819 days	30.82	+1.16	+3.92%
Copper • 819 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	97.25	-0.78	-0.80%
Natural Gas • 12 mins	2.977	-0.049	-1.62%
Heating Oil • 11 mins	4.645	-0.044	-0.93%

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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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