Commodity Prices

Gold •203 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	973.80	+3.00	+0.31%
WTI Crude •10 mins	75.43	-0.40	-0.53%
Gasoline •11 mins	2.058	-0.027	-1.28%
Ethanol •203 days	2.161	+0.000	+0.00%
Silver •203 days	30.82	+1.16	+3.92%

Silver • 203 days	30.82	+1.16	+3.92%
Copper • 203 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	78.99	-0.30	-0.38%
Natural Gas • 10 mins	3.978	+0.222	+5.91%
Heating Oil • 10 mins	2.484	-0.074	-2.91%

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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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