Commodity Prices

Gold •15 mins	1,963.30	+0.20	+0.01%
Platinum •15 mins	1,035.00	+6.90	+0.67%
WTI Crude •10 mins	72.67	+0.00	+0.00%
Gasoline •26 mins	2.685	-0.018	-0.67%
Ethanol •2 days	2.161	+0.000	+0.00%
Silver •15 mins	23.39	+0.03	+0.13%

Silver • 15 mins	23.39	+0.03	+0.13%
Copper • 15 mins	3.679	-0.004	-0.10%
Brent Crude • 10 mins	76.88	-0.07	-0.09%
Natural Gas • 10 mins	2.440	+0.023	+0.95%
Heating Oil • 16 mins	2.373	+0.004	+0.16%

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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).

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