Commodity Prices

Gold •784 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,853.40	+8.90	+0.48%
WTI Crude •11 mins	82.89	+0.66	+0.80%
Gasoline •11 mins	3.346	+0.026	+0.77%
Ethanol •785 days	2.161	+0.000	+0.00%
Silver •784 days	30.82	+1.16	+3.92%

Silver • 784 days	30.82	+1.16	+3.92%
Copper • 784 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	88.96	+1.12	+1.28%
Natural Gas • 11 mins	2.909	+0.067	+2.36%
Heating Oil • 11 mins	4.241	-0.019	-0.45%

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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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