Commodity Prices

Gold •421 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,352.20	-9.50	-0.70%
WTI Crude •10 mins	64.19	-0.41	-0.63%
Gasoline •9 hours	2.199	+0.050	+2.34%
Ethanol •421 days	2.161	+0.000	+0.00%
Silver •421 days	30.82	+1.16	+3.92%

Silver • 421 days	30.82	+1.16	+3.92%
Copper • 421 days	4.530	+0.111	+2.51%
Brent Crude • 16 mins	68.15	-0.47	-0.68%
Natural Gas • 10 mins	2.980	+0.036	+1.22%
Heating Oil • 10 hours	2.310	+0.015	+0.63%

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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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