Commodity Prices

Gold •10 mins	1,779.60	-3.30	-0.19%
Platinum •10 mins	1,073.90	+23.30	+2.22%
WTI Crude •1 hour	73.08	-0.58	-0.79%
Gasoline •10 mins	2.223	+0.026	+1.19%
Ethanol •1 hour	2.480	+0.020	+0.81%
Silver •10 mins	25.89	-0.14	-0.52%

Silver • 10 mins	25.89	-0.14	-0.52%
Copper • 10 mins	4.233	+0.049	+1.17%
Brent Crude • 11 mins	74.93	+0.03	+0.04%
Natural Gas • 10 mins	3.266	+0.075	+2.35%
Heating Oil • 11 mins	2.154	+0.027	+1.26%

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EUR/USD - Bearish Momentum Starts To Fade

By - Oct 19, 2016, 7:00 AM CDT

EUR/USD still lies within a bearish momentum despite ongoing retracement. Hourly support given at 1.0952 (25/07/2016 low) is on target. Hourly resistance can be found at 1.1058 (13/10/2016 high). Key resistance is located far away at 1.1352 (18/08/2016 high). Further consolidation is favoured.

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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