Commodity Prices

Gold •781 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,906.50	+10.80	+0.57%
WTI Crude •11 mins	85.61	-1.45	-1.67%
Gasoline •11 mins	3.278	-0.070	-2.10%
Ethanol •781 days	2.161	+0.000	+0.00%
Silver •781 days	30.82	+1.16	+3.92%

Silver • 781 days	30.82	+1.16	+3.92%
Copper • 781 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	93.19	-1.20	-1.27%
Natural Gas • 11 mins	2.740	-0.033	-1.19%
Heating Oil • 11 mins	4.398	-0.097	-2.15%

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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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