Commodity Prices

Gold •362 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,360.00	+17.00	+1.27%
WTI Crude •10 mins	64.90	-0.21	-0.32%
Gasoline •12 mins	2.065	-0.008	-0.37%
Ethanol •362 days	2.161	+0.000	+0.00%
Silver •362 days	30.82	+1.16	+3.92%

Silver • 362 days	30.82	+1.16	+3.92%
Copper • 362 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.56	-0.18	-0.27%
Natural Gas • 10 mins	3.435	-0.021	-0.61%
Heating Oil • 10 mins	2.270	-0.006	-0.26%

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EUR/USD: Making New Lows

By - Mar 28, 2014, 5:19 AM CDT

EUR/USD has breached the support at 1.3749, confirming persistent short-term selling pressures. An hourly support lies at 1.3708, while a key support stands at 1.3643. An initial resistance is at 1.3779 (intraday high). A key resistance can be found at 1.3876 (see also the declining trendline).

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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