Commodity Prices

Gold •625 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,970.50	+26.80	+1.38%
WTI Crude •14 hours	98.23	+2.68	+2.80%
Gasoline •14 hours	3.286	+0.159	+5.09%
Ethanol •625 days	2.161	+0.000	+0.00%
Silver •625 days	30.82	+1.16	+3.92%

Silver • 625 days	30.82	+1.16	+3.92%
Copper • 625 days	4.530	+0.111	+2.51%
Brent Crude • 13 hours	112.19	+3.54	+3.26%
Natural Gas • 14 hours	3.095	-0.071	-2.24%
Heating Oil • 14 hours	4.608	+0.266	+6.14%

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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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