Commodity Prices

Gold •294 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	977.90	-1.70	-0.17%
WTI Crude •10 mins	62.46	+0.19	+0.31%
Gasoline •16 mins	2.085	+0.001	+0.05%
Ethanol •294 days	2.161	+0.000	+0.00%
Silver •294 days	30.82	+1.16	+3.92%

Silver • 294 days	30.82	+1.16	+3.92%
Copper • 294 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	66.32	+0.20	+0.30%
Natural Gas • 13 mins	3.003	-0.019	-0.63%
Heating Oil • 24 mins	2.131	+0.004	+0.18%

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EUR/USD: Moving Higher

By - Jun 06, 2013, 5:22 AM CDT

EUR/USD is moving above its recent high at 1.3108 (03/06/2013 high). The short-term structure remains bullish while above the support at 1.3042 (04/06/2013 low). Another support can be found at 1.2942 (intraday low). A resistance lies at 1.3194 (08/05/2013 high).

In the medium-term, the recent price action from 1.2746 (04/04/2013 low) is viewed as a corrective phase within a larger downtrend. The recent break of the resistance at 1.3029 (14/05/2013 high) suggests a longer horizontal consolidation before an eventual move lower.

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