Commodity Prices

Gold •134 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	946.40	+2.40	+0.25%
WTI Crude •10 mins	68.04	-0.66	-0.96%
Gasoline •13 mins	1.962	-0.019	-0.97%
Ethanol •134 days	2.161	+0.000	+0.00%
Silver •134 days	30.82	+1.16	+3.92%

Silver • 134 days	30.82	+1.16	+3.92%
Copper • 134 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	71.87	-0.69	-0.95%
Natural Gas • 10 mins	2.732	-0.053	-1.90%
Heating Oil • 10 mins	2.194	-0.019	-0.84%

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EUR/USD: Fading Close To Its Key Resistance Area

By - Mar 05, 2014, 5:57 AM CST

EUR/USD is showing signs of weakness near its 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 1.3694 (28/02/2014 low) and 1.3643.

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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