Commodity Prices

Gold •404 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,335.10	-8.40	-0.63%
WTI Crude •10 mins	64.09	+0.13	+0.20%
Gasoline •11 mins	2.083	+0.007	+0.32%
Ethanol •404 days	2.161	+0.000	+0.00%
Silver •404 days	30.82	+1.16	+3.92%

Silver • 404 days	30.82	+1.16	+3.92%
Copper • 404 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.82	+0.19	+0.29%
Natural Gas • 11 mins	2.957	+0.003	+0.10%
Heating Oil • 11 mins	2.289	-0.002	-0.10%

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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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