Commodity Prices

Gold •464 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,623.00	-33.40	-2.02%
WTI Crude •6 hours	58.90	-2.61	-4.24%
Gasoline •6 hours	1.820	-0.062	-3.30%
Ethanol •464 days	2.161	+0.000	+0.00%
Silver •464 days	30.82	+1.16	+3.92%

Silver • 464 days	30.82	+1.16	+3.92%
Copper • 464 days	4.530	+0.111	+2.51%
Brent Crude • 5 hours	62.73	-2.49	-3.82%
Natural Gas • 6 hours	3.106	-0.163	-4.99%
Heating Oil • 6 hours	2.204	-0.076	-3.33%

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EUR/USD: Bouncing

By - Apr 02, 2013, 6:29 AM CDT

EUR/USD is bouncing within its underlying downtrend. An hourly resistance is at 1.2890 (26/03/2013 high). Another resistance can be found at 1.3048 (25/03/2013 high). An hourly support is at 1.2751 (27/03/2013 low).

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. A test of the key support at 1.2662 (13/11/2012 low) is expected. A key resistance is now at 1.3162 (28/02/2013 high).

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