Commodity Prices

Gold •652 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,086.60	-25.60	-1.21%
WTI Crude •11 mins	93.68	-1.01	-1.07%
Gasoline •12 mins	3.145	-0.018	-0.58%
Ethanol •652 days	2.161	+0.000	+0.00%
Silver •652 days	30.82	+1.16	+3.92%

Silver • 652 days	30.82	+1.16	+3.92%
Copper • 652 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	98.66	-0.73	-0.73%
Natural Gas • 11 mins	2.676	+0.029	+1.10%
Heating Oil • 12 mins	3.831	-0.002	-0.04%

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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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