Commodity Prices

Gold •725 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,629.30	-18.00	-1.09%
WTI Crude •11 mins	69.76	+0.53	+0.77%
Gasoline •58 mins	2.979	+0.022	+0.73%
Ethanol •725 days	2.161	+0.000	+0.00%
Silver •725 days	30.82	+1.16	+3.92%

Silver • 725 days	30.82	+1.16	+3.92%
Copper • 725 days	4.530	+0.111	+2.51%
Brent Crude • 13 mins	72.19	+0.20	+0.28%
Natural Gas • 11 mins	3.292	+0.013	+0.40%
Heating Oil • 1 hour	3.242	+0.033	+1.04%

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EUR/USD - Sharp Reversal

By - Dec 04, 2015, 5:48 AM CST

EUR/USD has spiked below 1.1000 and has erased the downtrend channel. Hourly support lies at 1.0566 (intraday low). Hourly resistance can be found at 1.1096 (28/10/2015 high). Expected to show further consolidation.

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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