Commodity Prices

Gold •438 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,411.70	+11.90	+0.85%
WTI Crude •1 day	62.69	+0.32	+0.51%
Gasoline •1 day	1.985	+0.006	+0.31%
Ethanol •438 days	2.161	+0.000	+0.00%
Silver •438 days	30.82	+1.16	+3.92%

Silver • 438 days	30.82	+1.16	+3.92%
Copper • 438 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	66.99	+0.62	+0.93%
Natural Gas • 1 day	2.941	+0.007	+0.24%
Heating Oil • 1 day	2.290	+0.008	+0.35%

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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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