Commodity Prices

Gold •441 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,387.10	+10.50	+0.76%
WTI Crude •11 mins	64.36	+0.31	+0.48%
Gasoline •11 mins	2.025	-0.004	-0.17%
Ethanol •441 days	2.161	+0.000	+0.00%
Silver •441 days	30.82	+1.16	+3.92%

Silver • 441 days	30.82	+1.16	+3.92%
Copper • 441 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	68.26	+0.31	+0.46%
Natural Gas • 11 mins	3.045	-0.055	-1.77%
Heating Oil • 11 mins	2.359	+0.004	+0.16%

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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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