Commodity Prices

Gold •14 mins	2,398.10	+9.70	+0.41%
Platinum •14 mins	951.70	-2.50	-0.26%
WTI Crude •10 mins	82.83	+0.14	+0.17%
Gasoline •10 mins	2.715	-0.014	-0.51%
Ethanol •17 hours	2.161	+0.000	+0.00%
Silver •14 mins	28.51	+0.11	+0.39%

Silver • 14 mins	28.51	+0.11	+0.39%
Copper • 14 mins	4.407	+0.068	+1.56%
Brent Crude • 10 mins	87.31	+0.02	+0.02%
Natural Gas • 10 mins	1.762	+0.050	+2.92%
Heating Oil • 10 mins	2.548	-0.026	-1.02%

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EUR/USD: Challenging The Resistance at 1.3023

By - Dec 03, 2012, 5:09 AM CST

EUR/USD is challenging its strong resistance at 1.3023 (25/10/2012 high, see also declining trendline). An hourly support is at 1.2968 (30/11/2012 low). A key support is at 1.2875 (intraday low).

The underlying trend is negative (see declining trendline linking the May 2011 high with the August 2011 high on a daily chart). Therefore we expect limited upside potential from current prices.

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