Commodity Prices

Gold •769 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,756.00	+1.10	+0.06%
WTI Crude •11 mins	83.53	+0.33	+0.40%
Gasoline •11 mins	3.153	+0.017	+0.53%
Ethanol •769 days	2.161	+0.000	+0.00%
Silver •769 days	30.82	+1.16	+3.92%

Silver • 769 days	30.82	+1.16	+3.92%
Copper • 769 days	4.530	+0.111	+2.51%
Brent Crude • 45 mins	88.91	+1.19	+1.36%
Natural Gas • 13 mins	2.751	-0.016	-0.58%
Heating Oil • 14 mins	4.273	+0.020	+0.48%

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EUR/USD - Breaking the 200-Day Moving Average

By - Aug 24, 2015, 4:44 AM CDT

EUR/USD has broken the hourly resistance at 1.1436 (18/06/2015). Over the last month, the pair is setting higher highs. There is a short-term upside momentum. Resistance lies at 1.1534 (02/02/2015 high). Support can be found at 1.0809 (20/07/2015 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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