Commodity Prices

Gold •472 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,619.50	-135.60	-7.73%
WTI Crude •21 hours	57.54	+0.08	+0.14%
Gasoline •21 hours	1.838	+0.026	+1.44%
Ethanol •472 days	2.161	+0.000	+0.00%
Silver •472 days	30.82	+1.16	+3.92%

Silver • 472 days	30.82	+1.16	+3.92%
Copper • 472 days	4.530	+0.111	+2.51%
Brent Crude • 20 hours	61.29	+0.23	+0.38%
Natural Gas • 21 hours	3.008	+0.070	+2.38%
Heating Oil • 21 hours	2.180	+0.027	+1.23%

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EUR/USD: Monitor The Key Resistance at 1.3906

By - May 06, 2014, 5:44 AM CDT

EUR/USD continues to consolidate after its rise from 1.3673 (04/04/2014 low) to 1.3906 (11/04/2014 high). The technical structure remains supportive as long as the support at 1.3780 (09/04/2014 low) holds. Furthermore, Friday's intraday bullish reversal confirms a persistent buying interest. Monitor the key resistance at 1.3906. An hourly support can be found at 1.3859 (intraday low).

In the longer term, EUR/USD is still in a succession of higher highs and higher lows. However, the recent marginal new highs (suggesting a potential long-term rising wedge) indicate an exhausted rise. As a result, we see a limited upside potential, especially given the key resistance at 1.3967 (13/03/2014 high).

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