Commodity Prices

Gold •142 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	975.10	+4.60	+0.47%
WTI Crude •50 mins	71.24	+1.14	+1.63%
Gasoline •50 mins	2.061	+0.002	+0.10%
Ethanol •142 days	2.161	+0.000	+0.00%
Silver •142 days	30.82	+1.16	+3.92%

Silver • 142 days	30.82	+1.16	+3.92%
Copper • 142 days	4.530	+0.111	+2.51%
Brent Crude • 29 mins	75.31	+1.08	+1.45%
Natural Gas • 50 mins	3.129	-0.210	-6.29%
Heating Oil • 50 mins	2.275	+0.001	+0.02%

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EUR/USD: Challenging a Key Resistance Area

By - Apr 12, 2013, 6:04 AM CDT

EUR/USD is challenging 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 1.3044 (11/04/2013 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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