Commodity Prices

Gold •314 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	990.20	+14.60	+1.50%
WTI Crude •10 mins	63.73	+1.78	+2.87%
Gasoline •10 mins	2.167	+0.034	+1.60%
Ethanol •314 days	2.161	+0.000	+0.00%
Silver •314 days	30.82	+1.16	+3.92%

Silver • 314 days	30.82	+1.16	+3.92%
Copper • 314 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.67	+1.71	+2.63%
Natural Gas • 10 mins	3.645	-0.001	-0.03%
Heating Oil • 10 mins	2.171	+0.060	+2.83%

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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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