Commodity Prices

Gold •625 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,970.50	+26.80	+1.38%
WTI Crude •19 hours	98.23	+2.68	+2.80%
Gasoline •19 hours	3.286	+0.159	+5.09%
Ethanol •625 days	2.161	+0.000	+0.00%
Silver •625 days	30.82	+1.16	+3.92%

Silver • 625 days	30.82	+1.16	+3.92%
Copper • 625 days	4.530	+0.111	+2.51%
Brent Crude • 18 hours	112.19	+3.54	+3.26%
Natural Gas • 19 hours	3.095	-0.071	-2.24%
Heating Oil • 19 hours	4.608	+0.266	+6.14%

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EUR/USD: The Support at 1.2877 is Challenged

By - Mar 18, 2013, 5:49 AM CDT

EUR/USD has declined near the support at 1.2877 (07/12/2012 low). Resistances for a bounce can be found at 1.2997 (intraday low) and 1.3046 (intraday low).

The technical improvements, exhibited with the rise from 1.2043 (24/07/2012 low) to 1.3711 (01/02/2013 high), are put in doubt with the bearish breakout at 1.2998 (04/01/2013 low). Monitor the key supports at 1.2877 (07/12/2012 low, see also 50% retracement of the aforementioned rise) and 1.2662 (13/11/2012 low, see also 61.8% retracement of the aforementioned rise).

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