Commodity Prices

Gold •337 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,163.40	+26.90	+2.37%
WTI Crude •10 mins	63.13	-0.24	-0.38%
Gasoline •12 mins	2.056	-0.007	-0.32%
Ethanol •337 days	2.161	+0.000	+0.00%
Silver •337 days	30.82	+1.16	+3.92%

Silver • 337 days	30.82	+1.16	+3.92%
Copper • 337 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.12	-0.22	-0.34%
Natural Gas • 10 mins	3.705	+0.028	+0.76%
Heating Oil • 10 mins	2.088	-0.006	-0.31%

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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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