Commodity Prices

Gold •23 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	944.40	-1.30	-0.14%
WTI Crude •4 hours	77.16	-1.12	-1.43%
Gasoline •4 hours	2.461	-0.007	-0.29%
Ethanol •23 days	2.161	+0.000	+0.00%
Silver •23 days	30.82	+1.16	+3.92%

Silver • 23 days	30.82	+1.16	+3.92%
Copper • 23 days	4.530	+0.111	+2.51%
Brent Crude • 3 hours	81.13	-1.24	-1.51%
Natural Gas • 4 hours	2.006	-0.035	-1.71%
Heating Oil • 4 hours	2.420	-0.052	-2.08%

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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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