Commodity Prices

Gold •378 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,435.30	+0.30	+0.02%
WTI Crude •10 mins	66.85	+0.47	+0.71%
Gasoline •10 mins	2.158	+0.014	+0.63%
Ethanol •378 days	2.161	+0.000	+0.00%
Silver •378 days	30.82	+1.16	+3.92%

Silver • 378 days	30.82	+1.16	+3.92%
Copper • 378 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.89	+0.37	+0.54%
Natural Gas • 10 mins	3.569	+0.018	+0.51%
Heating Oil • 14 mins	2.399	+0.007	+0.31%

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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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