Commodity Prices

Gold •14 mins	2,344.80	+2.30	+0.10%
Platinum •14 mins	931.20	+10.70	+1.16%
WTI Crude •10 mins	83.82	+0.25	+0.30%
Gasoline •39 mins	2.769	+0.011	+0.41%
Ethanol •6 hours	2.161	+0.000	+0.00%
Silver •14 mins	27.76	+0.12	+0.44%

Silver • 14 mins	27.76	+0.12	+0.44%
Copper • 14 mins	4.585	+0.047	+1.02%
Brent Crude • 14 mins	89.32	+0.31	+0.35%
Natural Gas • 34 mins	1.590	-0.048	-2.93%
Heating Oil • 1 hour	2.560	+0.010	+0.38%

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EUR/USD - Breaking 1.0700

By - Nov 11, 2015, 5:30 AM CST

EUR/USD has set a new hourly support at 1.0675 (10/11/2015 low). Hourly resistance lies at 1.0897 (05/11/2015 high). The technical structure is clearly negative. Stronger resistance stands at 1.1095 (28/10/2015 high). Nonetheless we still expected a retracement of the pair above 1.0800 as it seems there are still some buying interest pressures.

In the longer term, the technical structure favours a bearish bias as long as resistance holds. Key resistance is located region at 1.1453 (range high) and 1.1640 (11/11/2005 low) is likely to cap any price appreciation. The current technical deteriorations favours a gradual decline towards the support at 1.0504 (21/03/2003 low).

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