Commodity Prices

Gold •15 mins	1,890.20	+5.40	+0.29%
Platinum •15 mins	987.50	+1.30	+0.13%
WTI Crude •10 mins	78.17	+1.03	+1.34%
Gasoline •10 mins	2.473	+0.016	+0.65%
Ethanol •16 hours	2.161	+0.000	+0.00%
Silver •15 mins	22.44	+0.26	+1.19%

Silver • 15 mins	22.44	+0.26	+1.19%
Copper • 15 mins	4.080	-0.001	-0.01%
Brent Crude • 10 mins	84.55	+0.86	+1.03%
Natural Gas • 10 mins	2.525	-0.059	-2.28%
Heating Oil • 10 mins	2.961	+0.056	+1.94%

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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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