Commodity Prices

Gold •10 mins	1,955.30	-28.50	-1.44%
Platinum •10 mins	972.80	-17.50	-1.77%
WTI Crude •10 mins	69.81	+0.55	+0.79%
Gasoline •10 mins	2.585	-0.003	-0.12%
Ethanol •2 days	2.161	+0.000	+0.00%
Silver •10 mins	23.08	-0.26	-1.13%

Silver • 10 mins	23.08	-0.26	-1.13%
Copper • 10 mins	4.031	-0.044	-1.08%
Brent Crude • 10 mins	75.57	+0.58	+0.77%
Natural Gas • 10 mins	2.112	-0.104	-4.69%
Heating Oil • 25 mins	2.695	-0.000	-0.01%

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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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