Commodity Prices

Gold •639 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,983.20	-6.50	-0.33%
WTI Crude •1 day	111.54	+11.42	+11.41%
Gasoline •1 day	3.288	+0.197	+6.36%
Ethanol •639 days	2.161	+0.000	+0.00%
Silver •639 days	30.82	+1.16	+3.92%

Silver • 639 days	30.82	+1.16	+3.92%
Copper • 639 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	109.03	+7.87	+7.78%
Natural Gas • 1 day	2.800	-0.019	-0.67%
Heating Oil • 1 day	4.361	+0.304	+7.50%

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EUR/USD - Weak Bounce Thus Far

By - Sep 15, 2014, 5:49 AM CDT

EUR/USD is trying to bounce from its oversold decline. However, the hourly resistance at 1.2988 (05/09/2014 high) has held thus far. A break of the hourly support at 1.2860 would signal the resumption of the underlying downtrend. Another hourly resistance can be found at 1.3110 (02/09/2014 low).

In the longer term, EUR/USD is in a succession of lower highs and lower lows since May 2014. The break of the key support at 1.3105 (06/09/2013 low) opens the way for a decline towards the strong support area between 1.2755 (09/07/2013 low) and 1.2662 (13/11/2012 low). A key resistance lies at 1.3221 (28/08/2014 high).

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