Commodity Prices

Gold •503 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,553.50	-1.70	-0.11%
WTI Crude •11 mins	60.18	-0.56	-0.92%
Gasoline •13 mins	1.975	-0.024	-1.21%
Ethanol •503 days	2.161	+0.000	+0.00%
Silver •503 days	30.82	+1.16	+3.92%

Silver • 503 days	30.82	+1.16	+3.92%
Copper • 503 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	64.27	-0.62	-0.96%
Natural Gas • 11 mins	4.394	+0.023	+0.53%
Heating Oil • 12 mins	2.674	-0.027	-1.01%

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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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