Commodity Prices

Gold •274 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	955.10	-1.50	-0.16%
WTI Crude •10 mins	66.78	-0.17	-0.25%
Gasoline •10 mins	2.156	-0.008	-0.39%
Ethanol •274 days	2.161	+0.000	+0.00%
Silver •274 days	30.82	+1.16	+3.92%

Silver • 274 days	30.82	+1.16	+3.92%
Copper • 274 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	69.99	-0.15	-0.21%
Natural Gas • 10 mins	4.146	+0.008	+0.19%
Heating Oil • 10 mins	2.184	-0.005	-0.22%

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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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