Commodity Prices

Gold •296 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	972.90	-7.40	-0.75%
WTI Crude •19 hours	63.02	+0.23	+0.37%
Gasoline •19 hours	2.119	+0.013	+0.63%
Ethanol •296 days	2.161	+0.000	+0.00%
Silver •296 days	30.82	+1.16	+3.92%

Silver • 296 days	30.82	+1.16	+3.92%
Copper • 296 days	4.530	+0.111	+2.51%
Brent Crude • 18 hours	66.87	+0.32	+0.48%
Natural Gas • 19 hours	2.937	+0.007	+0.24%
Heating Oil • 19 hours	2.167	+0.024	+1.10%

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EURUSD - Approaching the Key Support at 1.1339

By - Apr 13, 2016, 6:05 AM CDT

EUR/USD continues to weaken and is now close to the key support at 1.1339. However, pair is still moving within a horizontal range defined by the key support area between 1.1339 (06/04/2016 low) and resistance at 1.1454 (07/04/2016 high). Stronger support is located a 1.1058 (16/03/2016 low). Expected to show further range-bound pattern.

In the longer term, the technical structure favours a bearish bias as long as resistance at 1.1746 ( holds. Key resistance is located at 1.1640 (11/11/2005 low). The current technical appreciation implies a gradual increase.

Daily Technical Report