Commodity Prices

Gold •135 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	946.90	+2.90	+0.31%
WTI Crude •10 mins	67.03	-1.67	-2.43%
Gasoline •10 mins	1.951	-0.031	-1.55%
Ethanol •135 days	2.161	+0.000	+0.00%
Silver •135 days	30.82	+1.16	+3.92%

Silver • 135 days	30.82	+1.16	+3.92%
Copper • 135 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	71.04	-1.52	-2.09%
Natural Gas • 10 mins	2.802	+0.017	+0.61%
Heating Oil • 10 mins	2.176	-0.036	-1.62%

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EUR/USD: Grinding Higher Towards Resistance at 1.3004

By - Sep 13, 2012, 5:07 AM CDT

EUR/USD continues to move higher despite deep overbought conditions. Monitor the strong resistance at 1.3004 (which is also a psychological level). Support is at 1.2755 (11/09/2012 low).

The lack of base formation or sell-off suggests that the current strength in EUR is a rebound within an underlying downtrend. Given the current overbought conditions, we are waiting for signs of weakness to initiate a short EUR position.

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