Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	976.90	+6.40	+0.66%
WTI Crude •10 mins	70.51	+0.41	+0.58%
Gasoline •11 mins	2.067	+0.008	+0.37%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.65	+0.42	+0.57%
Natural Gas • 10 mins	3.388	+0.049	+1.47%
Heating Oil • 10 mins	2.290	+0.015	+0.67%

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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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