Commodity Prices

Gold •385 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,454.30	-27.70	-1.87%
WTI Crude •10 mins	65.20	-0.11	-0.17%
Gasoline •11 mins	2.123	+0.021	+0.99%
Ethanol •385 days	2.161	+0.000	+0.00%
Silver •385 days	30.82	+1.16	+3.92%

Silver • 385 days	30.82	+1.16	+3.92%
Copper • 385 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	68.45	-0.14	-0.20%
Natural Gas • 11 mins	3.074	-0.178	-5.47%
Heating Oil • 11 mins	2.448	-0.003	-0.14%

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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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