Commodity Prices

Gold •658 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,039.90	-48.20	-2.31%
WTI Crude •11 mins	94.25	+1.29	+1.39%
Gasoline •11 mins	3.366	+0.008	+0.24%
Ethanol •659 days	2.161	+0.000	+0.00%
Silver •658 days	30.82	+1.16	+3.92%

Silver • 658 days	30.82	+1.16	+3.92%
Copper • 658 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	103.38	+1.47	+1.44%
Natural Gas • 11 mins	2.571	-0.151	-5.55%
Heating Oil • 11 mins	3.927	-0.011	-0.29%

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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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