Commodity Prices

Gold •518 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,685.00	+34.80	+2.11%
WTI Crude •11 mins	59.12	+0.48	+0.82%
Gasoline •16 mins	1.829	-0.001	-0.07%
Ethanol •518 days	2.161	+0.000	+0.00%
Silver •518 days	30.82	+1.16	+3.92%

Silver • 518 days	30.82	+1.16	+3.92%
Copper • 518 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	62.80	+0.35	+0.56%
Natural Gas • 11 mins	5.014	+0.174	+3.60%
Heating Oil • 11 mins	2.298	-0.014	-0.62%

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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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