Commodity Prices

Gold •481 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,563.60	-19.90	-1.26%
WTI Crude •11 mins	60.62	-0.69	-1.13%
Gasoline •11 mins	1.913	-0.008	-0.40%
Ethanol •481 days	2.161	+0.000	+0.00%
Silver •481 days	30.82	+1.16	+3.92%

Silver • 481 days	30.82	+1.16	+3.92%
Copper • 481 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	64.85	-0.77	-1.17%
Natural Gas • 11 mins	3.321	-0.121	-3.52%
Heating Oil • 11 mins	2.407	-0.030	-1.22%

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EUR/USD: Making Fresh New Lows

By - Mar 09, 2015, 1:43 PM CDT

Making fresh new new lows. EUR/USD has broken the support at 1.1098, confirming an underlying bearish trend. Hourly resistances can now be found at 1.1033 (06/03/2015 high) and 1.1245 (27/02/2015 high).

In the longer term, the symmetrical triangle favours further weakness towards parity. As a result, any strength is likely to be temporary in nature. Key resistances stand at 1.1534 (03/02/2015 high) and 1.1679 (21/01/2015 high). Key supports can be found at 1.1000 (psychological support) and 1.0765 (03/09/2003 low).

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