Commodity Prices

Gold •421 days	2,368.70	+35.30	+1.51%
Platinum •19 mins	1,364.30	+2.60	+0.19%
WTI Crude •10 mins	64.21	-0.39	-0.60%
Gasoline •2 hours	2.199	+0.050	+2.34%
Ethanol •421 days	2.161	+0.000	+0.00%
Silver •421 days	30.82	+1.16	+3.92%

Silver • 421 days	30.82	+1.16	+3.92%
Copper • 421 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.17	-0.45	-0.66%
Natural Gas • 10 mins	2.988	+0.044	+1.49%
Heating Oil • 3 hours	2.310	+0.015	+0.63%

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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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