Commodity Prices

Gold •604 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,373.50	+133.90	+5.98%
WTI Crude •6 hours	67.02	+1.81	+2.78%
Gasoline •9 hours	2.068	+0.036	+1.77%
Ethanol •604 days	2.161	+0.000	+0.00%
Silver •604 days	30.82	+1.16	+3.92%

Silver • 604 days	30.82	+1.16	+3.92%
Copper • 604 days	4.530	+0.111	+2.51%
Brent Crude • 5 hours	72.87	+2.03	+2.87%
Natural Gas • 6 hours	2.859	+0.032	+1.13%
Heating Oil • 9 hours	2.636	+0.023	+0.88%

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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.

Daily Technical Report