Commodity Prices

Gold •15 mins	1,787.30	-2.70	-0.15%
Platinum •15 mins	825.80	-5.80	-0.70%
WTI Crude •24 hours	40.32	-0.33	-0.81%
Gasoline •24 hours	1.244	-0.015	-1.21%
Ethanol •1 day	1.310	+0.101	+8.35%
Silver •15 mins	18.31	-0.01	-0.07%

Silver • 15 mins	18.31	-0.01	-0.07%
Copper • 15 mins	2.721	-0.028	-1.00%
Brent Crude • 1 day	42.80	-0.34	-0.79%
Natural Gas • 24 hours	1.750	+0.016	+0.92%
Heating Oil • 24 hours	1.226	-0.005	-0.41%

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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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