Commodity Prices

Gold •134 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	942.10	-1.90	-0.20%
WTI Crude •10 mins	68.37	-0.33	-0.48%
Gasoline •11 mins	1.970	-0.012	-0.59%
Ethanol •134 days	2.161	+0.000	+0.00%
Silver •134 days	30.82	+1.16	+3.92%

Silver • 134 days	30.82	+1.16	+3.92%
Copper • 134 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	72.22	-0.34	-0.47%
Natural Gas • 10 mins	2.768	-0.017	-0.61%
Heating Oil • 11 mins	2.202	-0.010	-0.46%

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EUR/USD: Bouncing After Friday's Unemployment Data

By - Sep 09, 2013, 7:06 AM CDT

EUR/USD bounced Friday after the release of unimpressive unemployment data. However, the recent break of the key support at 1.3190 favours a bearish stance as long as the prices remain below the resistance at 1.3255. Supports stand at 1.3105 (06/09/2013 low, see also 50% retracement) and 1.3067 (18/07/2013 low).

A potential medium-term top has been made at 1.3452. The break of the support at 1.3190 favours a medium-term bearish stance. However, we would thus far not expect a medium-term downside risk lower than the strong support area between 1.2746 (04/04/2013 low) and 1.2662 (13/11/2012 low).

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