Commodity Prices

Gold •272 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,005.70	+1.10	+0.11%
WTI Crude •10 mins	71.22	+0.02	+0.03%
Gasoline •13 mins	2.307	+0.005	+0.20%
Ethanol •272 days	2.161	+0.000	+0.00%
Silver •272 days	30.82	+1.16	+3.92%

Silver • 272 days	30.82	+1.16	+3.92%
Copper • 272 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	74.49	-0.28	-0.37%
Natural Gas • 13 mins	3.956	+0.005	+0.13%
Heating Oil • 13 mins	2.295	+0.006	+0.28%

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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