Commodity Prices

Gold •648 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,065.20	-46.90	-2.22%
WTI Crude •1 day	95.81	-2.06	-2.10%
Gasoline •1 day	3.016	+0.015	+0.51%
Ethanol •648 days	2.161	+0.000	+0.00%
Silver •648 days	30.82	+1.16	+3.92%

Silver • 648 days	30.82	+1.16	+3.92%
Copper • 648 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	95.20	-0.72	-0.75%
Natural Gas • 1 day	2.652	-0.018	-0.67%
Heating Oil • 1 day	3.745	-0.192	-4.87%

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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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