Commodity Prices

Gold •387 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,422.80	-17.70	-1.23%
WTI Crude •3 hours	65.16	-0.87	-1.32%
Gasoline •3 hours	2.097	-0.007	-0.34%
Ethanol •387 days	2.161	+0.000	+0.00%
Silver •387 days	30.82	+1.16	+3.92%

Silver • 387 days	30.82	+1.16	+3.92%
Copper • 387 days	4.530	+0.111	+2.51%
Brent Crude • 3 hours	68.44	-0.74	-1.07%
Natural Gas • 3 hours	3.110	+0.016	+0.52%
Heating Oil • 3 hours	2.406	-0.007	-0.28%

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EUR/USD: All Eyes on The ECB

By - Jun 05, 2014, 5:06 AM CDT

EUR/USD has moved recently within a shortterm horizontal range between 1.3586 and 1.3650. Today's ECB decisions are likely to determine the direction of the next short-term trend. Another support stands at 1.3562 (12/02/2014 low), whereas another resistance lies at 1.3734 (19/05/2014 high).

In the longer term, the break of the long-term rising wedge (see also the support at 1.3673) indicates a clear deterioration of the technical structure. The long-term downside risk implied by the double-top formation is 1.3379. Key supports can be found at 1.3477 (03/02/2014 low) and 1.3296 (07/11/2013 low).

Daily Technical Report