Commodity Prices

Gold •364 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,414.80	-18.70	-1.30%
WTI Crude •10 mins	66.95	-0.50	-0.74%
Gasoline •13 mins	2.110	-0.013	-0.63%
Ethanol •364 days	2.161	+0.000	+0.00%
Silver •364 days	30.82	+1.16	+3.92%

Silver • 364 days	30.82	+1.16	+3.92%
Copper • 364 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.58	-0.53	-0.77%
Natural Gas • 12 mins	3.479	-0.009	-0.26%
Heating Oil • 10 mins	2.403	-0.009	-0.37%

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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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