Commodity Prices

Gold •376 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,418.30	+0.30	+0.02%
WTI Crude •10 mins	66.96	-0.02	-0.03%
Gasoline •14 mins	2.165	-0.001	-0.04%
Ethanol •376 days	2.161	+0.000	+0.00%
Silver •376 days	30.82	+1.16	+3.92%

Silver • 376 days	30.82	+1.16	+3.92%
Copper • 376 days	4.530	+0.111	+2.51%
Brent Crude • 35 mins	69.21	-1.15	-1.63%
Natural Gas • 10 mins	3.456	-0.010	-0.29%
Heating Oil • 10 mins	2.382	-0.008	-0.33%

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EUR/USD - Surges Lower

By - Aug 17, 2015, 5:48 AM CDT

EUR/USD is now holding below 1.1100. Over the last month, the pair is setting higher highs. There is a short-term upside momentum. 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).

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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