Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	965.20	-5.30	-0.55%
WTI Crude •10 mins	70.21	+0.11	+0.16%
Gasoline •12 mins	2.059	-0.000	0.00%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.40	+0.17	+0.23%
Natural Gas • 10 mins	3.388	+0.049	+1.47%
Heating Oil • 12 mins	2.286	+0.011	+0.50%

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EUR/GBP: Sliding Back To Its Lows at 0.8168

By - Feb 14, 2014, 5:22 AM CST

EUR/GBP has sharply declined. Prices are now close to the key support at 0.8168. A break of the hourly resistance at 0.8249 (intraday low) is needed to suggest something more than a dead cat bounce.

In the longer term, the technical structure remains negative as long as prices remain below the resistance at 0.8350 (13/01/2014 high). Monitor the support implied by the 61.8% retracement (of the 2012-2013 rise) at 0.8160. Another key support can be found at 0.8082 (01/01/2013 low).

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