Commodity Prices

Gold •644 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,019.00	-48.50	-2.35%
WTI Crude •11 mins	97.24	+2.83	+3.00%
Gasoline •11 mins	3.045	+0.039	+1.30%
Ethanol •644 days	2.161	+0.000	+0.00%
Silver •644 days	30.82	+1.16	+3.92%

Silver • 644 days	30.82	+1.16	+3.92%
Copper • 644 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	96.94	+2.19	+2.31%
Natural Gas • 11 mins	2.721	-0.003	-0.11%
Heating Oil • 11 mins	3.942	+0.133	+3.50%

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EUR/USD - Challenging its Recent Lows

By - Nov 24, 2014, 5:08 AM CST

EUR/USD collapsed on Friday. However, prices have thus far successfully tested the support at 1.2358. Hourly resistances can be found at 1.2460 (intraday high) and 1.2504 (20/11/2014 low).

In the longer term, EUR/USD is in a downtrend since May 2014. The break of the strong support area between 1.2755 (09/07/2013 low) and 1.2662 (13/11/2012 low) has opened the way for a decline towards the strong support at 1.2043 (24/07/2012 low). A key resistance stands at 1.2886 (15/10/2014 high).

Daily Technical Report