Commodity Prices

Gold •754 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,623.50	-8.70	-0.53%
WTI Crude •11 mins	78.98	-3.63	-4.39%
Gasoline •11 mins	3.327	+0.000	+0.00%
Ethanol •755 days	2.161	+0.000	+0.00%
Silver •754 days	30.82	+1.16	+3.92%

Silver • 754 days	30.82	+1.16	+3.92%
Copper • 754 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	83.89	-4.47	-5.06%
Natural Gas • 11 mins	2.681	-0.086	-3.11%
Heating Oil • 11 mins	4.129	+0.018	+0.43%

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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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