Commodity Prices

Gold •15 mins	2,404.10	+21.10	+0.89%
Platinum •15 mins	982.50	+1.50	+0.15%
WTI Crude •10 mins	85.85	+0.44	+0.52%
Gasoline •44 mins	2.803	+0.019	+0.67%
Ethanol •7 hours	2.161	+0.000	+0.00%
Silver •15 mins	28.92	+0.20	+0.69%

Silver • 15 mins	28.92	+0.20	+0.69%
Copper • 15 mins	4.353	-0.027	-0.61%
Brent Crude • 10 mins	90.52	+0.42	+0.47%
Natural Gas • 10 mins	1.690	-0.001	-0.06%
Heating Oil • 32 mins	2.670	+0.016	+0.59%

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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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