Commodity Prices

Gold •493 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,549.10	+11.50	+0.75%
WTI Crude •22 hours	59.75	+0.32	+0.54%
Gasoline •22 hours	1.940	-0.025	-1.29%
Ethanol •493 days	2.161	+0.000	+0.00%
Silver •493 days	30.82	+1.16	+3.92%

Silver • 493 days	30.82	+1.16	+3.92%
Copper • 493 days	4.530	+0.111	+2.51%
Brent Crude • 21 hours	63.63	+0.25	+0.39%
Natural Gas • 22 hours	4.315	-0.042	-0.96%
Heating Oil • 22 hours	2.482	-0.014	-0.56%

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EUR/USD – Dollar's Sell-Off Continues

By - Aug 19, 2016, 6:48 AM CDT

EUR/USD continues to increase after breaking hourly resistance at 1.1234 (02/08/2016 low). Buying pressures are important. Strong resistance is given at 1.1428 (23/06/2016 high). Hourly support can be found at 1.1046 (05/08/2016 low). Expected to further increase.

In the longer term, the technical structure favours a very long-term bearish bias as long 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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