Commodity Prices

Gold •172 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	937.00	+0.60	+0.06%
WTI Crude •10 mins	69.81	+0.35	+0.50%
Gasoline •14 mins	1.953	+0.011	+0.56%
Ethanol •172 days	2.161	+0.000	+0.00%
Silver •172 days	30.82	+1.16	+3.92%

Silver • 172 days	30.82	+1.16	+3.92%
Copper • 172 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.27	+0.33	+0.45%
Natural Gas • 10 mins	3.874	+0.126	+3.36%
Heating Oil • 18 mins	2.251	+0.020	+0.88%

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EUR/USD: Making New Highs

By - Oct 03, 2013, 6:09 AM CDT

EUR/USD has decisively broken the resistance at 1.3569 (19/09/2013 high), opening the way for a move towards the key resistance at 1.3711. An initial support lies at 1.3577 (intraday high). Another support stands at 1.3505 (02/10/2013 high).

In the longer term, a move towards the resistance at 1.3711 (01/02/2013 high) is expected. However, the increasing overbought conditions and the other key resistance given by the long-term declining trendline (around 1.4000) should put a cap to the medium-term upside potential.

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