Commodity Prices

Gold •680 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,015.80	-75.60	-3.61%
WTI Crude •11 mins	104.85	+3.68	+3.64%
Gasoline •11 mins	3.664	+0.059	+1.63%
Ethanol •680 days	2.161	+0.000	+0.00%
Silver •680 days	30.82	+1.16	+3.92%

Silver • 680 days	30.82	+1.16	+3.92%
Copper • 680 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	109.00	+3.28	+3.10%
Natural Gas • 11 mins	2.951	+0.057	+1.97%
Heating Oil • 11 mins	4.001	+0.095	+2.43%

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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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