Commodity Prices

Gold •296 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	972.90	-7.40	-0.75%
WTI Crude •19 hours	63.02	+0.23	+0.37%
Gasoline •19 hours	2.119	+0.013	+0.63%
Ethanol •296 days	2.161	+0.000	+0.00%
Silver •296 days	30.82	+1.16	+3.92%

Silver • 296 days	30.82	+1.16	+3.92%
Copper • 296 days	4.530	+0.111	+2.51%
Brent Crude • 18 hours	66.87	+0.32	+0.48%
Natural Gas • 19 hours	2.937	+0.007	+0.24%
Heating Oil • 19 hours	2.167	+0.024	+1.10%

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EUR/GBP - Ready To Bounce Back Lower

By - Feb 27, 2017, 6:00 AM CST

EUR/GBP has surged but the technical structure suggests that it should be temporary. As resistance at 0.8645 holds, we do not rule out further weakness towards supports given at 0.8450 (03/01/2016 low) and at 0.8304 (05/12/2016)

In the long-term, the pair has largely recovered from recent lows in 2015. The technical structure suggests a growing upside momentum. The pair is trading above from its 200 DMA. Strong resistance can be found at 0.9500 psychological level.

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