Commodity Prices

Gold •66 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	918.70	-11.60	-1.25%
WTI Crude •1 day	67.67	-1.48	-2.14%
Gasoline •1 day	1.896	-0.030	-1.55%
Ethanol •66 days	2.161	+0.000	+0.00%
Silver •66 days	30.82	+1.16	+3.92%

Silver • 66 days	30.82	+1.16	+3.92%
Copper • 66 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	71.06	-1.63	-2.24%
Natural Gas • 1 day	2.275	+0.021	+0.93%
Heating Oil • 1 day	2.115	-0.054	-2.49%

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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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