Commodity Prices

Gold •625 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,970.50	+26.80	+1.38%
WTI Crude •10 hours	98.23	+2.68	+2.80%
Gasoline •10 hours	3.286	+0.159	+5.09%
Ethanol •625 days	2.161	+0.000	+0.00%
Silver •625 days	30.82	+1.16	+3.92%

Silver • 625 days	30.82	+1.16	+3.92%
Copper • 625 days	4.530	+0.111	+2.51%
Brent Crude • 9 hours	112.19	+3.54	+3.26%
Natural Gas • 10 hours	3.095	-0.071	-2.24%
Heating Oil • 10 hours	4.608	+0.266	+6.14%

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EUR/USD: Weakening

By - Jan 04, 2013, 5:24 AM CST

EUR/USD declined sharply yesterday, leading to the break of its short-term rising channel. Monitor the support implied by the mediumterm rising trendline (around 1.2960). Another support is at 1.2875. Resistances can be found at 1.3121 (intraday high) and 1.3191 (03/01/2013 high).

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), while a key support is at 1.2662 (13/11/2012 low).

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