Commodity Prices

Gold •691 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,956.90	+17.20	+0.89%
WTI Crude •11 mins	91.89	-4.71	-4.88%
Gasoline •11 mins	3.294	-0.160	-4.62%
Ethanol •691 days	2.161	+0.000	+0.00%
Silver •691 days	30.82	+1.16	+3.92%

Silver • 691 days	30.82	+1.16	+3.92%
Copper • 691 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	98.29	+2.15	+2.24%
Natural Gas • 11 mins	2.944	+0.037	+1.27%
Heating Oil • 11 mins	3.783	-0.105	-2.70%

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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