Commodity Prices

Gold •162 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	921.40	-19.30	-2.05%
WTI Crude •10 mins	71.11	+1.09	+1.56%
Gasoline •10 mins	2.005	+0.017	+0.84%
Ethanol •163 days	2.161	+0.000	+0.00%
Silver •162 days	30.82	+1.16	+3.92%

Silver • 162 days	30.82	+1.16	+3.92%
Copper • 162 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.34	+0.93	+1.27%
Natural Gas • 10 mins	3.280	-0.175	-5.07%
Heating Oil • 10 mins	2.271	+0.035	+1.56%

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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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