Commodity Prices

Gold •496 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,595.80	-2.50	-0.16%
WTI Crude •11 mins	60.81	-0.23	-0.38%
Gasoline •11 mins	2.006	-0.006	-0.28%
Ethanol •496 days	2.161	+0.000	+0.00%
Silver •496 days	30.82	+1.16	+3.92%

Silver • 496 days	30.82	+1.16	+3.92%
Copper • 496 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	64.94	-0.22	-0.34%
Natural Gas • 11 mins	4.528	-0.037	-0.81%
Heating Oil • 11 mins	2.575	-0.001	-0.02%

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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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