Commodity Prices

Gold •250 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	961.30	-5.50	-0.57%
WTI Crude •10 mins	65.79	-0.24	-0.36%
Gasoline •14 mins	2.083	-0.009	-0.45%
Ethanol •250 days	2.161	+0.000	+0.00%
Silver •250 days	30.82	+1.16	+3.92%

Silver • 250 days	30.82	+1.16	+3.92%
Copper • 250 days	4.530	+0.111	+2.51%
Brent Crude • 51 mins	69.28	-1.08	-1.53%
Natural Gas • 10 mins	4.459	-0.032	-0.71%
Heating Oil • 10 mins	2.177	-0.003	-0.13%

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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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