Commodity Prices

Gold •709 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,712.20	+46.50	+2.79%
WTI Crude •18 hours	84.88	-2.83	-3.23%
Gasoline •18 hours	3.050	-0.052	-1.66%
Ethanol •709 days	2.161	+0.000	+0.00%
Silver •709 days	30.82	+1.16	+3.92%

Silver • 709 days	30.82	+1.16	+3.92%
Copper • 709 days	4.530	+0.111	+2.51%
Brent Crude • 17 hours	87.33	-3.05	-3.37%
Natural Gas • 18 hours	3.120	+0.033	+1.07%
Heating Oil • 18 hours	3.404	-0.109	-3.09%

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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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