Commodity Prices

Gold •320 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,006.30	+16.10	+1.63%
WTI Crude •14 mins	62.46	-0.03	-0.05%
Gasoline •10 mins	2.132	-0.010	-0.44%
Ethanol •320 days	2.161	+0.000	+0.00%
Silver •320 days	30.82	+1.16	+3.92%

Silver • 320 days	30.82	+1.16	+3.92%
Copper • 320 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.27	-0.14	-0.21%
Natural Gas • 10 mins	3.111	-0.223	-6.69%
Heating Oil • 11 mins	2.125	-0.015	-0.72%

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EUR/USD: False Bullish Breakout at 1.3893?

By - Mar 14, 2014, 5:32 AM CDT

EUR/USD completely reversed yesterday's strength, warning of a potential false breakout of the strong resistance at 1.3893. However, the short-term technical configuration remains positive as long as the support at 1.3834 (11/03/2014 low) holds. Another support is given by the rising channel (around 1.3761). A resistance can now be found at 1.3967 (13/03/2014 high).

In the medium-term, the ascending triangle formation favours a further upside potential towards 1.4368. A key resistance lies at 1.4247 (27/10/2011 high), whereas a key support is at 1.3643 (27/02/2014 low).

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