Commodity Prices

Gold •624 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	2,008.00	+64.30	+3.31%
WTI Crude •11 mins	93.61	-1.94	-2.03%
Gasoline •11 mins	3.108	-0.020	-0.62%
Ethanol •624 days	2.161	+0.000	+0.00%
Silver •624 days	30.82	+1.16	+3.92%

Silver • 624 days	30.82	+1.16	+3.92%
Copper • 624 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	106.90	-1.75	-1.61%
Natural Gas • 13 mins	3.135	-0.031	-0.98%
Heating Oil • 12 mins	4.279	-0.063	-1.45%

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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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