Commodity Prices

Gold •464 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,623.00	-33.40	-2.02%
WTI Crude •7 hours	58.90	-2.61	-4.24%
Gasoline •7 hours	1.820	-0.062	-3.30%
Ethanol •464 days	2.161	+0.000	+0.00%
Silver •464 days	30.82	+1.16	+3.92%

Silver • 464 days	30.82	+1.16	+3.92%
Copper • 464 days	4.530	+0.111	+2.51%
Brent Crude • 6 hours	62.73	-2.49	-3.82%
Natural Gas • 7 hours	3.106	-0.163	-4.99%
Heating Oil • 7 hours	2.204	-0.076	-3.33%

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EUR/GBP: Making New Lows

By - Dec 02, 2013, 5:02 AM CST

EUR/GBP has resumed its downtrend by breaking the support at 0.8301. A support stands at 0.8225. Hourly resistances can be found at 0.8352 (28/11/2013 high) and 0.8391 (26/11/2013 high).

The break of the support at 0.8301 also invalidates the previous long-term mildly declining channel, indicating a steeper decline. Further medium-term weakness towards the supports at 0.8225 (28/12/2012 high) and 0.8082 (01/01/2013 low) is expected.

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