Commodity Prices

Gold •393 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,301.60	-73.30	-5.33%
WTI Crude •10 mins	69.08	-0.92	-1.31%
Gasoline •2 hours	2.229	-0.041	-1.79%
Ethanol •393 days	2.161	+0.000	+0.00%
Silver •393 days	30.82	+1.16	+3.92%

Silver • 393 days	30.82	+1.16	+3.92%
Copper • 393 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	72.53	-0.71	-0.97%
Natural Gas • 10 mins	3.095	+0.050	+1.64%
Heating Oil • 2 hours	2.400	-0.019	-0.78%

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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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