Commodity Prices

Gold •15 mins	1,847.40	-3.50	-0.19%
Platinum •15 mins	1,105.10	-2.30	-0.21%
WTI Crude •10 mins	52.76	+0.15	+0.29%
Gasoline •13 mins	1.578	-0.003	-0.20%
Ethanol •58 mins	1.530	-0.070	-4.38%
Silver •15 mins	25.50	-0.04	-0.17%

Silver • 15 mins	25.50	-0.04	-0.17%
Copper • 15 mins	3.626	+0.007	+0.18%
Brent Crude • 10 mins	56.04	+0.13	+0.23%
Natural Gas • 20 mins	2.654	-0.002	-0.08%
Heating Oil • 47 mins	1.601	+0.003	+0.17%

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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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