Commodity Prices

Gold •422 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,370.50	+8.80	+0.65%
WTI Crude •8 hours	64.01	-0.59	-0.91%
Gasoline •11 hours	2.188	-0.012	-0.52%
Ethanol •422 days	2.161	+0.000	+0.00%
Silver •422 days	30.82	+1.16	+3.92%

Silver • 422 days	30.82	+1.16	+3.92%
Copper • 422 days	4.530	+0.111	+2.51%
Brent Crude • 11 hours	68.12	-0.50	-0.73%
Natural Gas • 8 hours	2.997	+0.053	+1.80%
Heating Oil • 11 hours	2.267	-0.043	-1.87%

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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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