Commodity Prices

Gold •101 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	994.40	+18.20	+1.86%
WTI Crude •1 day	75.56	-0.29	-0.38%
Gasoline •1 day	2.152	+0.001	+0.03%
Ethanol •101 days	2.161	+0.000	+0.00%
Silver •101 days	30.82	+1.16	+3.92%

Silver • 101 days	30.82	+1.16	+3.92%
Copper • 101 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	79.04	-0.36	-0.45%
Natural Gas • 1 day	2.632	-0.043	-1.61%
Heating Oil • 1 day	2.344	-0.007	-0.30%

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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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