Commodity Prices

Gold •503 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,553.50	-1.70	-0.11%
WTI Crude •11 mins	60.13	-0.61	-1.00%
Gasoline •11 mins	1.974	-0.026	-1.29%
Ethanol •503 days	2.161	+0.000	+0.00%
Silver •503 days	30.82	+1.16	+3.92%

Silver • 503 days	30.82	+1.16	+3.92%
Copper • 503 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	64.31	-0.58	-0.89%
Natural Gas • 11 mins	4.386	+0.015	+0.34%
Heating Oil • 12 mins	2.674	-0.028	-1.02%

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EUR/USD: Moving Below the Support at 1.3705

By - Apr 04, 2014, 5:17 AM CDT

EUR/USD has breached the support at 1.3705, confirming an underlying downtrend since the peak at 1.3967. Another key support stands at 1.3643. Resistances can now be found at 1.3753 (02/04/2014 low) and 1.3820.

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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