Commodity Prices

Gold •604 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,376.10	+136.50	+6.09%
WTI Crude •11 mins	67.29	+2.08	+3.19%
Gasoline •2 hours	2.068	+0.036	+1.77%
Ethanol •604 days	2.161	+0.000	+0.00%
Silver •604 days	30.82	+1.16	+3.92%

Silver • 604 days	30.82	+1.16	+3.92%
Copper • 604 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	73.18	+2.34	+3.30%
Natural Gas • 11 mins	2.861	+0.034	+1.20%
Heating Oil • 2 hours	2.636	+0.023	+0.88%

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EUR/USD: Week Bounce Thus Far

By - Mar 21, 2013, 6:13 AM CDT

EUR/USD has thus far successfully tested the support at 1.2877 (07/12/2012 low, see also 200 day moving average) on a daily close basis. However, the succession of lower highs and lower lows is still in place and the current bounce is unimpressive. Monitor the resistance at 1.2996 (18/03/2013 high). Another resistance is at 1.3107 (15/03/2013 high).

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) and 1.2662 (13/11/2012 low).

Daily Technical Report