Commodity Prices

Gold •364 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,420.70	-12.80	-0.89%
WTI Crude •10 mins	66.92	-0.53	-0.79%
Gasoline •10 mins	2.109	-0.014	-0.66%
Ethanol •364 days	2.161	+0.000	+0.00%
Silver •364 days	30.82	+1.16	+3.92%

Silver • 364 days	30.82	+1.16	+3.92%
Copper • 364 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.55	-0.56	-0.81%
Natural Gas • 10 mins	3.483	-0.005	-0.14%
Heating Oil • 10 mins	2.401	-0.011	-0.46%

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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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