Commodity Prices

Gold •635 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,924.50	+18.90	+0.99%
WTI Crude •11 mins	102.86	-0.02	-0.02%
Gasoline •7 hours	3.399	+0.048	+1.42%
Ethanol •635 days	2.161	+0.000	+0.00%
Silver •635 days	30.82	+1.16	+3.92%

Silver • 635 days	30.82	+1.16	+3.92%
Copper • 635 days	4.530	+0.111	+2.51%
Brent Crude • 12 mins	113.03	+0.25	+0.22%
Natural Gas • 12 mins	2.843	-0.044	-1.52%
Heating Oil • 43 mins	4.380	+0.016	+0.36%

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EUR/USD - Declining Towards its Recent Lows

By - Dec 18, 2014, 4:56 AM CST

EUR/USD has declined sharply near the resistance area between 1.2577 (04/11/2014 high) and 1.2600, indicating renewed selling pressures. A support stands at 1.2247. Hourly resistances can now be found at 1.2373 (intraday high) and 1.2423 (intraday high).

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) calls for a decline towards the strong support at 1.2043 (24/07/2012 low). A key resistance stands at 1.2600 (19/11/2014 high).

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