Commodity Prices

Gold •10 mins	1,801.90	-1.90	-0.11%
Platinum •10 mins	845.90	-1.00	-0.12%
WTI Crude •1 day	40.55	+0.93	+2.35%
Gasoline •1 day	1.283	+0.033	+2.61%
Ethanol •1 day	1.320	-0.075	-5.38%
Silver •10 mins	19.05	+0.09	+0.48%

Silver • 10 mins	19.05	+0.09	+0.48%
Copper • 10 mins	2.898	+0.059	+2.08%
Brent Crude • 1 day	43.24	+0.89	+2.10%
Natural Gas • 1 day	1.805	+0.026	+1.46%
Heating Oil • 1 day	1.241	+0.017	+1.41%

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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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