Commodity Prices

Gold •335 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,076.40	+5.50	+0.51%
WTI Crude •10 mins	63.24	-0.17	-0.27%
Gasoline •11 mins	2.069	-0.010	-0.48%
Ethanol •335 days	2.161	+0.000	+0.00%
Silver •335 days	30.82	+1.16	+3.92%

Silver • 335 days	30.82	+1.16	+3.92%
Copper • 335 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.47	-0.16	-0.24%
Natural Gas • 10 mins	3.705	-0.017	-0.46%
Heating Oil • 10 mins	2.096	-0.004	-0.17%

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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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