Commodity Prices

Gold •15 mins	1,560.30	+9.80	+0.63%
Platinum •15 mins	1,024.80	+23.60	+2.36%
WTI Crude •2 hours	58.58	+0.05	+0.09%
Gasoline •2 hours	1.655	-0.012	-0.73%
Ethanol •4 hours	1.376	+0.050	+3.77%
Silver •15 mins	18.07	+0.13	+0.75%

Silver • 15 mins	18.07	+0.13	+0.75%
Copper • 15 mins	2.846	-0.002	-0.05%
Brent Crude • 1 hour	64.85	+0.23	+0.36%
Natural Gas • 2 hours	1.985	-0.061	-2.98%
Heating Oil • 2 hours	1.864	-0.001	-0.05%

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EUR/USD: Bullish Pause

By - Apr 11, 2014, 4:45 AM CDT

EUR/USD short-term bullish momentum is dominate despite pause, after breaking out of its short-term declining channel and pushing above near term resistance. Monitor the resistance at 1.3820 (see also 50% retracement). Hourly supports now lie at 1.3820 (old resistance) and 1.3673. Another resistance can be found at 1.3876.

In the longer term, EUR/USD is still in a succession of higher highs and higher lows, suggesting additional upside can be anticipated. A significant resistance now lies at 1.3876 (24/03/2014 high).

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