Commodity Prices

Gold •320 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,003.60	-2.30	-0.23%
WTI Crude •47 mins	62.72	+0.03	+0.05%
Gasoline •15 mins	2.138	-0.001	-0.04%
Ethanol •320 days	2.161	+0.000	+0.00%
Silver •320 days	30.82	+1.16	+3.92%

Silver • 320 days	30.82	+1.16	+3.92%
Copper • 320 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.39	-0.15	-0.23%
Natural Gas • 12 mins	3.136	+0.023	+0.74%
Heating Oil • 17 mins	2.127	-0.001	-0.04%

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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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