Commodity Prices

Gold •10 mins	1,964.50	+1.40	+0.07%
Platinum •10 mins	1,032.10	+4.00	+0.39%
WTI Crude •10 mins	72.51	-0.16	-0.22%
Gasoline •15 mins	2.679	-0.024	-0.89%
Ethanol •2 days	2.161	+0.000	+0.00%
Silver •10 mins	23.34	-0.03	-0.11%

Silver • 10 mins	23.34	-0.03	-0.11%
Copper • 10 mins	3.677	-0.006	-0.15%
Brent Crude • 11 mins	76.57	-0.38	-0.49%
Natural Gas • 11 mins	2.350	-0.067	-2.77%
Heating Oil • 14 mins	2.368	-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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