Commodity Prices

Gold •639 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,983.20	-6.50	-0.33%
WTI Crude •1 day	111.54	+11.42	+11.41%
Gasoline •1 day	3.288	+0.197	+6.36%
Ethanol •639 days	2.161	+0.000	+0.00%
Silver •639 days	30.82	+1.16	+3.92%

Silver • 639 days	30.82	+1.16	+3.92%
Copper • 639 days	4.530	+0.111	+2.51%
Brent Crude • 23 hours	109.03	+7.87	+7.78%
Natural Gas • 1 day	2.800	-0.019	-0.67%
Heating Oil • 1 day	4.361	+0.304	+7.50%

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EUR/GBP - Changing Long-Term Momentum?

By - Jan 18, 2016, 5:45 AM CST

EUR/GBP is increasing. The technical structure suggests that there are strong buying interests. Hourly resistance lies 0.7694 (intraday high) and hourly support is given at 0.7350 (25/12/2015 low). Expected to further consolidate before entering into another upside move.

In the long-term, prices tend to reverse from the underlying declining trend. The general oversold conditions suggest a growing upside momentum. A key resistance at 0.7592 (03/02/2015) has been broken.

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