Commodity Prices

Gold •370 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,371.80	-19.50	-1.40%
WTI Crude •10 mins	68.75	+0.42	+0.61%
Gasoline •12 mins	2.200	+0.015	+0.68%
Ethanol •370 days	2.161	+0.000	+0.00%
Silver •370 days	30.82	+1.16	+3.92%

Silver • 370 days	30.82	+1.16	+3.92%
Copper • 370 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	70.54	+0.39	+0.56%
Natural Gas • 10 mins	3.284	-0.056	-1.68%
Heating Oil • 10 mins	2.459	+0.017	+0.71%

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EUR/USD: Pushing Higher Towards Resistance Area

By - Sep 06, 2012, 7:54 AM CDT

EUR/USD has reversed to the upside yesterday, indicating a still strong buying pressure. Monitor the resistances given by the high of the rising wedge and by the down trendline.

Given the lack of base formation, the recent strength in EUR is seen as a rebound within an underlying downtrend. We would therefore look at signs of weakness close to the resistance

Daily Technical Report