Commodity Prices

Gold •480 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,570.00	-31.60	-1.97%
WTI Crude •11 mins	61.44	-0.06	-0.10%
Gasoline •12 mins	1.920	-0.003	-0.13%
Ethanol •480 days	2.161	+0.000	+0.00%
Silver •480 days	30.82	+1.16	+3.92%

Silver • 480 days	30.82	+1.16	+3.92%
Copper • 480 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	65.88	-0.06	-0.09%
Natural Gas • 11 mins	3.317	+0.013	+0.39%
Heating Oil • 11 mins	2.437	+0.034	+1.43%

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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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