Commodity Prices

Gold •627 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,746.90	-223.60	-11.35%
WTI Crude •11 mins	100.44	+2.21	+2.25%
Gasoline •15 mins	3.333	+0.047	+1.43%
Ethanol •627 days	2.161	+0.000	+0.00%
Silver •627 days	30.82	+1.16	+3.92%

Silver • 627 days	30.82	+1.16	+3.92%
Copper • 627 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	113.22	+1.03	+0.92%
Natural Gas • 11 mins	3.115	+0.020	+0.65%
Heating Oil • 13 mins	4.678	+0.070	+1.52%

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EUR/USD: Drifting Lower

By - Apr 24, 2013, 6:28 AM CDT

EUR/USD made a new low yesterday, which favours a bearish bias. Monitor the hourly support at 1.2962 (08/04/2013 low). Another support can be found at 1.2901 (05/04/2013 low). Hourly resistances are at 1.3084 (23/04/2013 high) and 1.3129 (19/04/2013 high).

In the longer-term, a significant top has likely been made at 1.3711 (01/02/2013 high). Therefore, the recent rise from 1.2746 (04/04/2013 low) is seen as a rebound within an underlying downtrend. A key resistance is at 1.3319 (25/02/2013 high)

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