Commodity Prices

Gold •10 mins	1,817.10	+36.20	+2.03%
Platinum •10 mins	1,006.00	+40.10	+4.15%
WTI Crude •11 mins	44.74	-0.60	-1.32%
Gasoline •10 mins	1.223	-0.019	-1.52%
Ethanol •17 hours	1.400	+0.050	+3.70%
Silver •10 mins	24.04	+1.45	+6.40%

Silver • 10 mins	24.04	+1.45	+6.40%
Copper • 10 mins	3.490	+0.052	+1.50%
Brent Crude • 10 mins	47.57	-0.31	-0.65%
Natural Gas • 10 mins	2.863	-0.019	-0.66%
Heating Oil • 10 mins	1.355	-0.016	-1.17%

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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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