Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	970.70	+0.20	+0.02%
WTI Crude •10 mins	70.29	+0.19	+0.27%
Gasoline •10 mins	2.058	-0.001	-0.05%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.37	+0.14	+0.19%
Natural Gas • 12 mins	3.450	+0.111	+3.32%
Heating Oil • 25 mins	2.276	+0.001	+0.06%

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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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