Commodity Prices

Gold •15 mins	1,537.60	+29.10	+1.93%
Platinum •15 mins	855.30	-6.60	-0.77%
Bitcoin •1 min	10,136.22	+135.85	+1.36%
WTI Crude •2 days	54.17	-1.18	-2.13%
Gasoline •2 days	1.527	-0.019	-1.24%
Silver •15 mins	17.41	+0.37	+2.19%

Silver • 15 mins	17.41	+0.37	+2.19%
Copper • 15 mins	2.538	-0.028	-1.09%
Ethereum • 1 min	190.63	+2.17	+1.15%
Brent Crude • 2 days	58.80	-0.70	-1.18%
Natural Gas • 2 days	2.156	-0.007	-0.32%

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EUR/USD - Challenging a Strong Support Area

By - Sep 25, 2014, 6:05 AM CDT

EUR/USD continues to decline and is now testing the strong support area between 1.2755 and 1.2662. The short-term momentum is negative as long as prices remain below the hourly resistance at 1.2901 (23/09/2014 high). An initial resistance can be found at 1.2816 (22/09/2014 low).

In the longer term, EUR/USD is in a succession of lower highs and lower lows since May 2014. The strong support area between 1.2755 (09/07/2013 low) and 1.2662 (13/11/2012 low) is challenged. An eventual break lower is expected. A resistance lies at 1.2995 (16/09/2014 high).

Daily Technical Report