Commodity Prices

Gold •428 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,376.60	-78.50	-5.39%
WTI Crude •45 mins	63.48	-0.49	-0.77%
Gasoline •45 mins	2.010	-0.003	-0.12%
Ethanol •428 days	2.161	+0.000	+0.00%
Silver •428 days	30.82	+1.16	+3.92%

Silver • 428 days	30.82	+1.16	+3.92%
Copper • 428 days	4.530	+0.111	+2.51%
Brent Crude • 34 mins	66.86	-0.74	-1.09%
Natural Gas • 45 mins	3.074	+0.010	+0.33%
Heating Oil • 45 mins	2.331	-0.030	-1.28%

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EUR/USD: Monitor Yesterday's Intraday Bearish Reversal

By - Feb 12, 2014, 5:23 AM CST

EUR/USD weakened yesterday close to the resistance at 1.3685 (50% retracement), making an intraday bearish reversal. A break of the hourly support at 1.3609 would negate the shortterm positive structure. Another hourly support lies at 1.3552. A key resistance stands at 1.3739.

In the longer term, we favour a broad horizontal range between 1.3296 (07/11/2014 low) and 1.3893 (27/12/2013 high) with a bearish bias. As a result, a gradual decline towards the low of this range is favoured. A first key support is given by the 200 day moving average (around 1.3396).

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