Commodity Prices

Gold •820 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,726.40	+7.50	+0.44%
WTI Crude •11 mins	93.00	+2.58	+2.85%
Gasoline •11 mins	3.409	+0.148	+4.54%
Ethanol •820 days	2.161	+0.000	+0.00%
Silver •820 days	30.82	+1.16	+3.92%

Silver • 820 days	30.82	+1.16	+3.92%
Copper • 820 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	102.37	+4.34	+4.43%
Natural Gas • 11 mins	2.957	-0.069	-2.28%
Heating Oil • 11 mins	4.641	-0.047	-1.00%

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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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