Commodity Prices

Gold •316 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	991.00	-4.40	-0.44%
WTI Crude •11 mins	61.61	-0.01	-0.02%
Gasoline •19 mins	2.133	-0.001	-0.06%
Ethanol •316 days	2.161	+0.000	+0.00%
Silver •316 days	30.82	+1.16	+3.92%

Silver • 316 days	30.82	+1.16	+3.92%
Copper • 316 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	64.54	+0.01	+0.02%
Natural Gas • 10 mins	3.355	-0.007	-0.21%
Heating Oil • 16 mins	2.166	-0.000	-0.01%

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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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