Commodity Prices

Gold •274 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	952.40	-4.20	-0.44%
WTI Crude •10 mins	66.32	-0.63	-0.94%
Gasoline •10 mins	2.144	-0.021	-0.96%
Ethanol •274 days	2.161	+0.000	+0.00%
Silver •274 days	30.82	+1.16	+3.92%

Silver • 274 days	30.82	+1.16	+3.92%
Copper • 274 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	69.52	-0.62	-0.88%
Natural Gas • 10 mins	4.121	-0.017	-0.41%
Heating Oil • 11 mins	2.166	-0.023	-1.03%

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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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