Commodity Prices

Gold •624 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,975.50	+31.80	+1.64%
WTI Crude •11 mins	94.40	-1.15	-1.20%
Gasoline •11 mins	3.106	-0.021	-0.66%
Ethanol •624 days	2.161	+0.000	+0.00%
Silver •624 days	30.82	+1.16	+3.92%

Silver • 624 days	30.82	+1.16	+3.92%
Copper • 624 days	4.530	+0.111	+2.51%
Brent Crude • 35 mins	108.65	+1.27	+1.18%
Natural Gas • 11 mins	3.109	-0.057	-1.80%
Heating Oil • 2 hours	4.320	+0.122	+2.90%

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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