Commodity Prices

Gold •522 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,675.10	+14.60	+0.88%
WTI Crude •11 mins	59.22	-0.86	-1.43%
Gasoline •11 mins	1.811	-0.023	-1.25%
Ethanol •522 days	2.161	+0.000	+0.00%
Silver •522 days	30.82	+1.16	+3.92%

Silver • 522 days	30.82	+1.16	+3.92%
Copper • 522 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	62.90	-0.85	-1.33%
Natural Gas • 11 mins	5.040	-0.249	-4.71%
Heating Oil • 11 mins	2.322	-0.041	-1.72%

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EUR/USD: Approaching Declining Trendline

By - Nov 26, 2012, 5:41 AM CST

EUR/USD is getting close to the resistance area defined by the declining trendline and 1.3023 (25/10/2012 high). An hourly support is at 1.2914 (intraday high). Another support is at 1.2834 (intraday low).

The underlying trend is negative (see declining trendline linking the May 2011 high with the August 2011 high on a daily chart). Therefore we expect limited upside potential from current prices.

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