Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	969.00	-1.50	-0.15%
WTI Crude •10 mins	70.24	+0.14	+0.20%
Gasoline •47 mins	2.059	-0.001	-0.03%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.33	+0.10	+0.13%
Natural Gas • 10 mins	3.425	+0.086	+2.58%
Heating Oil • 17 mins	2.276	+0.002	+0.07%

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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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