Commodity Prices

Gold •15 mins	1,787.30	-2.70	-0.15%
Platinum •15 mins	825.80	-5.80	-0.70%
WTI Crude •12 hours	40.32	-0.33	-0.81%
Gasoline •12 hours	1.244	-0.015	-1.21%
Ethanol •1 day	1.310	+0.101	+8.35%
Silver •15 mins	18.31	-0.01	-0.07%

Silver • 15 mins	18.31	-0.01	-0.07%
Copper • 15 mins	2.721	-0.028	-1.00%
Brent Crude • 13 hours	42.80	-0.34	-0.79%
Natural Gas • 12 hours	1.750	+0.016	+0.92%
Heating Oil • 12 hours	1.226	-0.005	-0.41%

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EUR/USD - Renewed Bullish Pressures

By - Jul 12, 2016, 7:05 AM CDT

EUR/USD is back above 1.1100. Hourly support is given at 1.0913 (06/07/2016 low) while hourly resistance is located at 1.1186 (05/07/2016 high). Stronger resistance is given at 1.1479 (06/05/2016 high). Sharp moves do not have to be ruled out as there are still a lot of uncertainties on asset pricing in the market. Expected to show sideways price action.

In the longer term, the technical structure favours a very long-term bearish bias as resistance at 1.1714 (24/08/2015 high) holds. The pair is trading in range since the start of 2015. Strong support is given at 1.0458 (16/03/2015 low). However, the current technical structure since last December implies a gradual increase.

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