Commodity Prices

Gold •318 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	990.20	-5.20	-0.52%
WTI Crude •1 day	62.49	+0.87	+1.41%
Gasoline •1 day	2.142	+0.007	+0.35%
Ethanol •318 days	2.161	+0.000	+0.00%
Silver •318 days	30.82	+1.16	+3.92%

Silver • 318 days	30.82	+1.16	+3.92%
Copper • 318 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	65.41	+0.88	+1.36%
Natural Gas • 1 day	3.334	-0.028	-0.83%
Heating Oil • 1 day	2.141	-0.025	-1.17%

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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