Commodity Prices

Gold •643 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,025.30	+77.40	+3.97%
WTI Crude •11 mins	93.85	-19.10	-16.91%
Gasoline •11 mins	2.969	-0.336	-10.17%
Ethanol •643 days	2.161	+0.000	+0.00%
Silver •643 days	30.82	+1.16	+3.92%

Silver • 643 days	30.82	+1.16	+3.92%
Copper • 643 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	109.27	-0.50	-0.46%
Natural Gas • 11 mins	2.781	-0.089	-3.10%
Heating Oil • 11 mins	3.769	-0.709	-15.83%

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EUR/USD - Holding Below 1.1000

By - Aug 03, 2015, 5:43 AM CDT

EUR/USD is now holding below 1.1000. 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 over the medium-term.

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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