Commodity Prices

Gold •734 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,645.80	-17.20	-1.03%
WTI Crude •11 mins	72.36	+1.92	+2.73%
Gasoline •11 mins	3.011	+0.057	+1.93%
Ethanol •734 days	2.161	+0.000	+0.00%
Silver •734 days	30.82	+1.16	+3.92%

Silver • 734 days	30.82	+1.16	+3.92%
Copper • 734 days	4.530	+0.111	+2.51%
Brent Crude • 45 mins	74.16	+2.17	+3.01%
Natural Gas • 11 mins	3.273	+0.008	+0.25%
Heating Oil • 16 mins	3.382	+0.080	+2.43%

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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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