Commodity Prices

Gold •636 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,953.20	-17.00	-0.86%
WTI Crude •11 mins	101.21	-0.17	-0.17%
Gasoline •11 mins	3.212	+0.008	+0.24%
Ethanol •636 days	2.161	+0.000	+0.00%
Silver •636 days	30.82	+1.16	+3.92%

Silver • 636 days	30.82	+1.16	+3.92%
Copper • 636 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	103.34	-0.63	-0.61%
Natural Gas • 11 mins	2.884	+0.000	+0.00%
Heating Oil • 11 mins	4.092	-0.021	-0.52%

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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