Commodity Prices

Gold •10 mins	1,931.50	-5.10	-0.26%
Platinum •10 mins	916.20	-7.40	-0.80%
WTI Crude •10 mins	88.83	-0.85	-0.95%
Gasoline •12 mins	2.512	-0.032	-1.26%
Ethanol •12 hours	2.161	+0.000	+0.00%
Silver •10 mins	23.32	-0.07	-0.30%

Silver • 10 mins	23.32	-0.07	-0.30%
Copper • 10 mins	3.661	-0.009	-0.25%
Brent Crude • 10 mins	92.45	-0.84	-0.90%
Natural Gas • 10 mins	2.605	-0.034	-1.29%
Heating Oil • 14 mins	3.210	-0.052	-1.60%

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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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