Commodity Prices

Gold •516 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,634.40	-43.00	-2.56%
WTI Crude •11 mins	59.26	-0.06	-0.10%
Gasoline •11 mins	1.855	-0.014	-0.73%
Ethanol •516 days	2.161	+0.000	+0.00%
Silver •516 days	30.82	+1.16	+3.92%

Silver • 516 days	30.82	+1.16	+3.92%
Copper • 516 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	63.11	-0.06	-0.09%
Natural Gas • 11 mins	4.923	+0.002	+0.04%
Heating Oil • 11 mins	2.357	+0.017	+0.71%

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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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