Commodity Prices

Gold •665 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,912.50	+11.90	+0.63%
WTI Crude •11 mins	109.20	+2.32	+2.17%
Gasoline •4 hours	3.732	-0.009	-0.24%
Ethanol •665 days	2.161	+0.000	+0.00%
Silver •665 days	30.82	+1.16	+3.92%

Silver • 665 days	30.82	+1.16	+3.92%
Copper • 665 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	123.54	+5.51	+4.67%
Natural Gas • 11 mins	2.642	-0.005	-0.19%
Heating Oil • 3 hours	4.217	+0.018	+0.43%

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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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