Commodity Prices

Gold •690 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,968.30	+28.60	+1.47%
WTI Crude •10 mins	91.40	-5.20	-5.38%
Gasoline •12 mins	3.293	-0.161	-4.67%
Ethanol •690 days	2.161	+0.000	+0.00%
Silver •690 days	30.82	+1.16	+3.92%

Silver • 690 days	30.82	+1.16	+3.92%
Copper • 690 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	98.27	-5.27	-5.09%
Natural Gas • 12 mins	2.888	-0.019	-0.65%
Heating Oil • 12 mins	3.742	-0.146	-3.76%

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EUR/USD: The Support at 1.3159 Has Been Broken

By - Jan 03, 2013, 5:16 AM CST

EUR/USD has broken to the downside out of its horizontal range between the support at 1.3159 and the resistance at 1.3308. Further short-term weakness is favoured as long as the hourly resistance at 1.3191 (intraday high) holds. Supports are given by the rising trendline and 1.3041 (13/12/2012 low).

The higher low in July 2012 (compared to July 2010) and the recent new high above the strong resistance at 1.3172 suggest an improvement of the underlying trend. A strong resistance is at 1.3487 (24/02/2012 high).

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