Commodity Prices

Gold •127 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,006.70	+7.60	+0.76%
WTI Crude •10 mins	72.18	-0.18	-0.25%
Gasoline •13 mins	2.049	-0.005	-0.23%
Ethanol •127 days	2.161	+0.000	+0.00%
Silver •127 days	30.82	+1.16	+3.92%

Silver • 127 days	30.82	+1.16	+3.92%
Copper • 127 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	75.63	+0.71	+0.95%
Natural Gas • 11 mins	2.705	+0.012	+0.45%
Heating Oil • 13 mins	2.278	-0.008	-0.36%

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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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