Commodity Prices

Gold •419 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,351.40	+2.00	+0.15%
WTI Crude •10 mins	63.35	+0.10	+0.16%
Gasoline •43 mins	2.128	+0.005	+0.25%
Ethanol •419 days	2.161	+0.000	+0.00%
Silver •419 days	30.82	+1.16	+3.92%

Silver • 419 days	30.82	+1.16	+3.92%
Copper • 419 days	4.530	+0.111	+2.51%
Brent Crude • 13 mins	67.36	+0.14	+0.21%
Natural Gas • 40 mins	2.717	-0.090	-3.21%
Heating Oil • 3 hours	2.286	+0.006	+0.25%

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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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