Commodity Prices

Gold •733 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,641.30	-1.80	-0.11%
WTI Crude •11 mins	69.26	+0.71	+1.04%
Gasoline •11 mins	3.022	+0.018	+0.61%
Ethanol •733 days	2.161	+0.000	+0.00%
Silver •733 days	30.82	+1.16	+3.92%

Silver • 733 days	30.82	+1.16	+3.92%
Copper • 733 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	72.70	+0.71	+0.99%
Natural Gas • 11 mins	3.245	+0.049	+1.53%
Heating Oil • 11 mins	3.329	+0.031	+0.92%

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EUR/USD: Declining Towards Its Recent Lows

By - Mar 27, 2014, 4:50 AM CDT

EUR/USD has failed to confirm its move above the resistance at 1.3845 (20/03/2014 high). Prices are now declining towards the support at 1.3749. Another support stands at 1.3643. Resistances can be found at 1.3876 (see also the declining trendline) and 1.3948 (17/03/2014 high).

In the medium-term, the break of the support at 1.3834 (11/03/2014 low, see also the rising channel) coupled with general overbought conditions favour a move lower towards the support at 1.3643. The recent high at 1.3967 is likely to act as a strong resistance.

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