Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	968.90	-1.60	-0.16%
WTI Crude •10 mins	70.14	+0.04	+0.06%
Gasoline •10 mins	2.047	-0.012	-0.59%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 50 mins	74.23	+1.42	+1.95%
Natural Gas • 11 mins	3.424	+0.085	+2.55%
Heating Oil • 14 mins	2.271	-0.003	-0.14%

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EUR/USD – Strong Bounce

By - Oct 05, 2016, 7:14 AM CDT

EUR/USD has bounced near the key support support at 1.1160 (rising trendline). A further decline towards the support at 1.1123 favoured as long as prices remain below the resistance at 1.1288 (declining trendline). Strong support can be found at 1.1046 (05/08/2016 low).

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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