Commodity Prices

Gold •10 mins	2,043.10	-46.60	-2.23%
Platinum •10 mins	923.20	-12.90	-1.38%
WTI Crude •10 mins	73.23	-0.84	-1.13%
Gasoline •10 mins	2.131	+0.010	+0.45%
Ethanol •2 days	2.161	+0.000	+0.00%
Silver •10 mins	24.87	-0.99	-3.82%

Silver • 10 mins	24.87	-0.99	-3.82%
Copper • 10 mins	3.827	-0.105	-2.66%
Brent Crude • 10 mins	78.20	-0.68	-0.86%
Natural Gas • 10 mins	2.682	-0.132	-4.69%
Heating Oil • 10 mins	2.661	-0.001	-0.03%

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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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