Commodity Prices

Gold •15 mins	1,672.00	+3.40	+0.20%
Platinum •15 mins	859.10	-1.10	-0.13%
WTI Crude •20 hours	79.49	-1.74	-2.14%
Gasoline •20 hours	2.370	-0.033	-1.37%
Ethanol •19 hours	2.161	+0.000	+0.00%
Silver •15 mins	19.04	+0.33	+1.75%

Silver • 15 mins	19.04	+0.33	+1.75%
Copper • 15 mins	3.413	-0.006	-0.16%
Brent Crude • 19 hours	85.14	-2.04	-2.34%
Natural Gas • 20 hours	6.766	-0.108	-1.57%
Heating Oil • 20 hours	3.222	-0.074	-2.23%

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EUR/USD - Riding Downtrend Channel

By - Nov 26, 2015, 6:46 AM CST

EUR/USD is consolidating around 1.0600 and remains in a downtrend channel. The technical structure is clearly negative. Hourly support at 1.0591 (23/11/2015 low) has been broken. New hourly support lies at 1.0566 (intraday low). Hourly resistance can be found at 1.0763 (19/11/2015 high). Stronger resistance stands at 1.0897 (05/11/2015 high). Expected to show continued weakness.

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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