Commodity Prices

Gold •134 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	954.70	+10.70	+1.13%
WTI Crude •10 mins	67.79	-0.91	-1.32%
Gasoline •16 mins	1.959	-0.023	-1.17%
Ethanol •134 days	2.161	+0.000	+0.00%
Silver •134 days	30.82	+1.16	+3.92%

Silver • 134 days	30.82	+1.16	+3.92%
Copper • 134 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	71.62	-0.94	-1.30%
Natural Gas • 10 mins	2.717	-0.068	-2.44%
Heating Oil • 10 mins	2.182	-0.031	-1.39%

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EUR/USD: Still Weakening

By - Mar 28, 2013, 6:14 AM CDT

EUR/USD has broken its support at 1.2844, which calls for further weakness towards the next key support at 1.2662 (13/11/2012 low). An hourly resistance is at 1.2890 (26/03/2013 high). Another resistance can be found at 1.3048 (25/03/2013 high).

In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 day moving average) suggest that the rise from July 2012 has made its top at 1.3711. Monitor the key support at 1.2662 (13/11/2012 low). A key resistance is now at 1.3162 (28/02/2013 high).

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