Commodity Prices

Gold •462 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,704.90	+4.10	+0.24%
WTI Crude •11 mins	62.42	-0.13	-0.21%
Gasoline •11 mins	1.905	-0.005	-0.26%
Ethanol •462 days	2.161	+0.000	+0.00%
Silver •462 days	30.82	+1.16	+3.92%

Silver • 462 days	30.82	+1.16	+3.92%
Copper • 462 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	66.11	-0.14	-0.21%
Natural Gas • 11 mins	3.332	-0.001	-0.03%
Heating Oil • 11 mins	2.306	+0.015	+0.65%

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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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