Commodity Prices

Gold •780 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,895.70	+56.60	+3.08%
WTI Crude •1 day	87.06	+0.23	+0.26%
Gasoline •1 day	3.348	+0.085	+2.61%
Ethanol •780 days	2.161	+0.000	+0.00%
Silver •780 days	30.82	+1.16	+3.92%

Silver • 780 days	30.82	+1.16	+3.92%
Copper • 780 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	94.39	+0.61	+0.65%
Natural Gas • 1 day	2.773	+0.040	+1.46%
Heating Oil • 1 day	4.495	+0.015	+0.32%

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EUR/USD: Weak Bounce

By - Apr 23, 2014, 5:36 AM CDT

EUR/USD bounced yesterday near the support at 1.3780. However, bullish rally is weak. An hourly support is at 1.3780 (22/04/2014 low, see also the low of the declining channel). The next resistance is at 1.3906 (11/04/2014 high). The short-term technical configuration remains positive as long as the support at 1.3730 holds.

In the longer term, EUR/USD is still in a dominate uptrend, suggesting additional upside can be anticipated. A significant resistance now lies at 1.3876 (24/03/2014 high).

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