Commodity Prices

Gold •517 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,654.40	-23.00	-1.37%
WTI Crude •11 mins	58.60	-0.72	-1.21%
Gasoline •11 mins	1.828	-0.041	-2.18%
Ethanol •517 days	2.161	+0.000	+0.00%
Silver •517 days	30.82	+1.16	+3.92%

Silver • 517 days	30.82	+1.16	+3.92%
Copper • 517 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	62.41	-0.76	-1.20%
Natural Gas • 11 mins	4.821	-0.100	-2.03%
Heating Oil • 11 mins	2.302	-0.038	-1.61%

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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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