Commodity Prices

Gold •755 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,601.40	-21.90	-1.35%
WTI Crude •11 mins	82.01	+2.75	+3.47%
Gasoline •13 mins	3.357	+0.022	+0.67%
Ethanol •755 days	2.161	+0.000	+0.00%
Silver •755 days	30.82	+1.16	+3.92%

Silver • 755 days	30.82	+1.16	+3.92%
Copper • 755 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	87.24	+3.15	+3.75%
Natural Gas • 52 mins	2.653	-0.009	-0.34%
Heating Oil • 11 mins	4.248	+0.097	+2.33%

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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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