Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	966.30	-4.20	-0.43%
WTI Crude •10 mins	70.12	+0.02	+0.03%
Gasoline •22 mins	2.055	-0.004	-0.19%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.24	+0.01	+0.01%
Natural Gas • 10 mins	3.362	+0.023	+0.69%
Heating Oil • 20 mins	2.274	-0.000	0.00%

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EUR/USD: Pushing Higher Through the Resistance at 1.3254

By - Jul 26, 2013, 5:39 AM CDT

EUR/USD continues to move higher, breaking the resistance at 1.3254. Another resistance is given by the declining trendline (around 1.3336), while a strong resistance lies at 1.3417. Supports can be found at 1.3164 (23/07/2013 low) and 1.3067 (18/07/2013 low).

In the longer-term, EUR/USD does not exhibit a clear trend. As we eventually expect to see prices moving below the key support at 1.2662 (13/11/2012 low), we continue to favour a medium-term bearish bias. However, given the short-term improvements, we would wait for overbought conditions before selling EUR/USD.

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