Commodity Prices

Gold •683 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,990.30	-1.50	-0.08%
WTI Crude •11 mins	103.42	-2.00	-1.90%
Gasoline •11 mins	3.681	-0.021	-0.56%
Ethanol •683 days	2.161	+0.000	+0.00%
Silver •683 days	30.82	+1.16	+3.92%

Silver • 683 days	30.82	+1.16	+3.92%
Copper • 683 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	107.87	-1.39	-1.27%
Natural Gas • 11 mins	3.045	+0.085	+2.87%
Heating Oil • 11 mins	4.056	+0.002	+0.05%

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EUR/USD - Continued Weakness

By - Feb 08, 2017, 7:01 AM CST

EUR/USD's selling pressures have increased. It seems that strong hourly resistance area is given around 1.0800. The road is wide-open towards hourly support at 1.0581 (16/01/2016 low) and 1.0454 (11/01/2017 low). Expected to see continued consolidation.

In the longer term, the death cross late October indicated a further bearish bias. The pair has broken key support given at 1.0458 (16/03/2015 low). Key resistance holds at 1.1714 (24/08/2015 high). Expected to head towards parity.

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