Commodity Prices

Gold •173 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	951.40	+15.00	+1.60%
WTI Crude •11 mins	69.11	-0.35	-0.50%
Gasoline •10 mins	1.934	-0.007	-0.38%
Ethanol •173 days	2.161	+0.000	+0.00%
Silver •173 days	30.82	+1.16	+3.92%

Silver • 173 days	30.82	+1.16	+3.92%
Copper • 173 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	72.43	-0.51	-0.70%
Natural Gas • 10 mins	3.681	-0.067	-1.79%
Heating Oil • 10 mins	2.229	-0.003	-0.11%

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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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