Commodity Prices

Gold •512 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,647.70	+61.50	+3.88%
WTI Crude •10 hours	59.08	+0.43	+0.73%
Gasoline •13 hours	1.924	+0.035	+1.83%
Ethanol •512 days	2.161	+0.000	+0.00%
Silver •512 days	30.82	+1.16	+3.92%

Silver • 512 days	30.82	+1.16	+3.92%
Copper • 512 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	63.06	-0.28	-0.44%
Natural Gas • 10 hours	4.650	+0.092	+2.02%
Heating Oil • 1 day	2.326	-0.028	-1.20%

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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