Commodity Prices

Gold •365 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,393.30	+11.20	+0.81%
WTI Crude •10 mins	66.92	-0.08	-0.12%
Gasoline •17 mins	2.113	-0.006	-0.26%
Ethanol •365 days	2.161	+0.000	+0.00%
Silver •365 days	30.82	+1.16	+3.92%

Silver • 365 days	30.82	+1.16	+3.92%
Copper • 365 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.61	-0.19	-0.28%
Natural Gas • 10 mins	3.402	-0.007	-0.21%
Heating Oil • 13 mins	2.357	-0.013	-0.56%

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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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