Commodity Prices

Gold •15 mins	1,856.20	-9.70	-0.52%
Platinum •15 mins	1,111.60	-16.40	-1.45%
WTI Crude •6 hours	52.27	-0.86	-1.62%
Gasoline •6 hours	1.549	+0.001	+0.05%
Ethanol •6 hours	1.600	-0.033	-2.02%
Silver •15 mins	25.56	-0.30	-1.15%

Silver • 15 mins	25.56	-0.30	-1.15%
Copper • 15 mins	3.626	-0.022	-0.59%
Brent Crude • 3 hours	55.41	-0.69	-1.23%
Natural Gas • 6 hours	2.446	-0.045	-1.81%
Heating Oil • 6 hours	1.576	-0.025	-1.54%

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EURUSD - Short-Term Reversal

By - Aug 24, 2016, 7:03 AM CDT

EUR/USD has reversed buying pressure to move near the low of its rising channel, yet uptrend remains strong. Key resistance is given at 1.1355 (23/08/2016 high) then 1.1428 (23/06/2016 high). Hourly support can be found at 1.1286 (rising channel). Expected to increase again.

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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