Commodity Prices

Gold •339 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,168.10	+31.60	+2.78%
WTI Crude •1 day	64.58	+1.21	+1.91%
Gasoline •1 day	2.077	+0.014	+0.67%
Ethanol •339 days	2.161	+0.000	+0.00%
Silver •339 days	30.82	+1.16	+3.92%

Silver • 339 days	30.82	+1.16	+3.92%
Copper • 339 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	66.47	+1.13	+1.73%
Natural Gas • 1 day	3.784	+0.107	+2.91%
Heating Oil • 1 day	2.125	+0.031	+1.47%

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EUR/USD: Challenging a Key Resistance Area

By - Mar 03, 2014, 5:04 AM CST

EUR/USD rose sharply on Friday. Prices are now challenging the key resistance area between 1.3832 (25/10/2013 high, see also the long-term declining trendline) and 1.3893. Hourly supports can be found at 1.3727 (27/02/2014 high) and 1.3694 (28/02/2014 low).

In the longer term, we favour a broad horizontal range between 1.3296 (07/11/2014 low) and 1.3893 (27/12/2013 high). However, monitor the potential ascending triangle formation. Another strong resistance lies at 1.4247 (27/10/2011 high).

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