Commodity Prices

Gold •843 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,562.40	-14.50	-0.92%
WTI Crude •1 day	103.27	+3.80	+3.82%
Gasoline •1 day	3.212	+0.035	+1.10%
Ethanol •843 days	2.161	+0.000	+0.00%
Silver •843 days	30.82	+1.16	+3.92%

Silver • 843 days	30.82	+1.16	+3.92%
Copper • 843 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	116.72	+3.55	+3.14%
Natural Gas • 1 day	2.640	-0.156	-5.58%
Heating Oil • 1 day	4.984	+0.052	+1.06%

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EUR/USD: Grinding Higher

By - Nov 18, 2013, 5:27 AM CST

EUR/USD continues to grind higher after having successfully tested its recent low at 1.3296 (see also the 50% retracement). A resistance stands at 1.3548 (see also the broken rising channel). Hourly supports can be found at 1.3419 (14/11/2013 low, see also the short-term rising trendline) and 1.3390 (13/11/2013 low).

In the longer term, the decisive break of the strong support at 1.3462 (see also the rising channel) confirms that a significant top at 1.3832 has likely been made and favours the start of a new phase of weakness. A gradual decline towards the key support at 1.3105 (06/09/2013 low) is likely.

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