Commodity Prices

Gold •338 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,168.10	+31.60	+2.78%
WTI Crude •19 hours	64.58	+1.21	+1.91%
Gasoline •19 hours	2.077	+0.014	+0.67%
Ethanol •338 days	2.161	+0.000	+0.00%
Silver •338 days	30.82	+1.16	+3.92%

Silver • 338 days	30.82	+1.16	+3.92%
Copper • 338 days	4.530	+0.111	+2.51%
Brent Crude • 18 hours	66.47	+1.13	+1.73%
Natural Gas • 19 hours	3.784	+0.107	+2.91%
Heating Oil • 19 hours	2.125	+0.031	+1.47%

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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).

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