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: 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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