Commodity Prices

Gold •658 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,044.30	-43.80	-2.10%
WTI Crude •11 mins	94.54	+1.58	+1.70%
Gasoline •21 mins	3.368	+0.010	+0.30%
Ethanol •658 days	2.161	+0.000	+0.00%
Silver •658 days	30.82	+1.16	+3.92%

Silver • 658 days	30.82	+1.16	+3.92%
Copper • 658 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	103.58	+1.67	+1.64%
Natural Gas • 11 mins	2.718	-0.004	-0.15%
Heating Oil • 14 mins	3.924	-0.014	-0.35%

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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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