Commodity Prices

Gold •15 mins	2,349.30	+6.80	+0.29%
Platinum •15 mins	930.60	+10.10	+1.10%
WTI Crude •10 mins	83.87	+0.30	+0.36%
Gasoline •24 mins	2.774	+0.016	+0.57%
Ethanol •7 hours	2.161	+0.000	+0.00%
Silver •15 mins	27.83	+0.19	+0.69%

Silver • 15 mins	27.83	+0.19	+0.69%
Copper • 15 mins	4.590	+0.052	+1.13%
Brent Crude • 13 mins	89.36	+0.35	+0.39%
Natural Gas • 14 mins	1.583	-0.055	-3.36%
Heating Oil • 13 mins	2.562	+0.012	+0.45%

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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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