Commodity Prices

Gold •421 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,347.60	-14.10	-1.04%
WTI Crude •10 mins	64.37	-0.23	-0.36%
Gasoline •11 mins	2.227	+0.028	+1.26%
Ethanol •421 days	2.161	+0.000	+0.00%
Silver •421 days	30.82	+1.16	+3.92%

Silver • 421 days	30.82	+1.16	+3.92%
Copper • 421 days	4.530	+0.111	+2.51%
Brent Crude • 15 mins	68.22	-0.40	-0.58%
Natural Gas • 11 mins	2.963	+0.019	+0.65%
Heating Oil • 57 mins	2.295	-0.015	-0.65%

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EUR/USD - Breaking The Downtrend Channel

By - Nov 13, 2015, 5:29 AM CST

EUR/USD is retracing around 1.0800. Hourly support lies at 1.0675 (10/11/2015 low). Hourly resistance can be found at 1.0897 (05/11/2015 high). The technical structure remains clearly negative. Stronger resistance stands at 1.1095 (28/10/2015 high). Expected consolidation of the pair.

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).

Daily Technical Report