Commodity Prices

Gold •295 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	978.00	-1.60	-0.16%
WTI Crude •11 mins	62.76	+0.49	+0.79%
Gasoline •17 mins	2.107	+0.023	+1.09%
Ethanol •295 days	2.161	+0.000	+0.00%
Silver •295 days	30.82	+1.16	+3.92%

Silver • 295 days	30.82	+1.16	+3.92%
Copper • 295 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	66.49	+0.37	+0.56%
Natural Gas • 10 mins	2.923	-0.099	-3.28%
Heating Oil • 11 mins	2.145	+0.018	+0.84%

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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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