Commodity Prices

Gold •472 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,619.50	-135.60	-7.73%
WTI Crude •1 day	57.54	+0.08	+0.14%
Gasoline •1 day	1.838	+0.026	+1.44%
Ethanol •472 days	2.161	+0.000	+0.00%
Silver •472 days	30.82	+1.16	+3.92%

Silver • 472 days	30.82	+1.16	+3.92%
Copper • 472 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	61.29	+0.23	+0.38%
Natural Gas • 1 day	3.008	+0.070	+2.38%
Heating Oil • 1 day	2.180	+0.027	+1.23%

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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.

Daily Technical Report