Commodity Prices

Gold •15 mins	1,751.40	-5.30	-0.30%
Platinum •15 mins	930.60	+7.30	+0.79%
WTI Crude •11 hours	71.97	-0.64	-0.88%
Gasoline •11 hours	2.171	-0.010	-0.45%
Ethanol •11 hours	2.207	+0.000	+0.00%
Silver •15 mins	22.34	-0.46	-2.00%

Silver • 15 mins	22.34	-0.46	-2.00%
Copper • 15 mins	4.246	-0.036	-0.83%
Brent Crude • 10 hours	75.34	-0.33	-0.44%
Natural Gas • 11 hours	5.105	-0.230	-4.31%
Heating Oil • 11 hours	2.209	-0.002	-0.09%

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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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