Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	968.80	-1.70	-0.18%
WTI Crude •10 mins	70.13	+0.03	+0.04%
Gasoline •11 mins	2.053	-0.006	-0.30%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	74.23	+1.74	+2.40%
Natural Gas • 10 mins	3.366	+0.027	+0.81%
Heating Oil • 11 mins	2.272	-0.002	-0.10%

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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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