Commodity Prices

Gold •142 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	971.00	+0.50	+0.05%
WTI Crude •15 mins	71.24	+1.14	+1.63%
Gasoline •15 mins	2.061	+0.002	+0.10%
Ethanol •142 days	2.161	+0.000	+0.00%
Silver •142 days	30.82	+1.16	+3.92%

Silver • 142 days	30.82	+1.16	+3.92%
Copper • 142 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	75.19	+0.96	+1.29%
Natural Gas • 15 mins	3.129	-0.210	-6.29%
Heating Oil • 15 mins	2.275	+0.001	+0.02%

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EUR/USD: Remains Weak

By - Jan 30, 2014, 5:59 AM CST

EUR/USD continues to post lower highs since its high at 1.3739. An hourly support area now stands between 1.3603 (29/01/2014 low) and 1.3583 (22/01/2014 high). Another support lies at 1.3508. Hourly resistances are at 1.3688 (28/01/2014 high) and 1.3739 (24/01/2014 high).

In the longer term, the recent false breakout near the key resistance area defined by 1.3811 (11/12/2013 high) and the long-term declining trendline (around 1.3890) suggest a limited upside potential. We favour a gradual corrective phase towards the 200 day moving average (around 1.3370).

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