Commodity Prices

Gold •15 mins	1,903.40	-1.20	-0.06%
Platinum •15 mins	908.60	+24.60	+2.78%
WTI Crude •23 hours	39.85	-0.79	-1.94%
Gasoline •23 hours	1.139	-0.019	-1.66%
Ethanol •22 hours	1.520	+0.000	+0.00%
Silver •15 mins	24.70	-0.01	-0.04%

Silver • 15 mins	24.70	-0.01	-0.04%
Copper • 15 mins	3.143	-0.011	-0.33%
Brent Crude • 23 hours	41.77	-0.69	-1.63%
Natural Gas • 23 hours	2.971	-0.036	-1.20%
Heating Oil • 23 hours	1.151	-0.009	-0.81%

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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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