Commodity Prices

Gold •459 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,649.20	+7.10	+0.43%
WTI Crude •11 mins	61.61	+0.73	+1.20%
Gasoline •11 mins	1.882	+0.022	+1.16%
Ethanol •459 days	2.161	+0.000	+0.00%
Silver •459 days	30.82	+1.16	+3.92%

Silver • 459 days	30.82	+1.16	+3.92%
Copper • 459 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	65.32	+0.79	+1.22%
Natural Gas • 11 mins	3.467	+0.143	+4.30%
Heating Oil • 11 mins	2.261	+0.025	+1.11%

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EUR/USD: Nearing a Key Resistance Area

By - Apr 11, 2013, 5:38 AM CDT

EUR/USD is near the key resistance area defined by 1.3107 (15/03/2013 high, see also 38.2% retracement of the decline from 1.3711) and 1.3162 (28/02/2013 high). Hourly supports are at 1.3005 (09/04/2013 low) and 1.2962 (08/04/2013 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. Key resistances are at 1.3162 (28/02/2013 high) and 1.3319 (25/02/2013 high). Key supports are at 1.2662 (13/11/2012 low) and 1.2043 (24/07/2012 low).

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