Commodity Prices

Gold •814 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,797.70	+32.00	+1.81%
WTI Crude •7 hours	92.82	-1.79	-1.89%
Gasoline •7 hours	3.411	-0.154	-4.31%
Ethanol •814 days	2.161	+0.000	+0.00%
Silver •814 days	30.82	+1.16	+3.92%

Silver • 814 days	30.82	+1.16	+3.92%
Copper • 814 days	4.530	+0.111	+2.51%
Brent Crude • 6 hours	104.32	-2.28	-2.14%
Natural Gas • 7 hours	3.183	-0.114	-3.46%
Heating Oil • 7 hours	4.834	+0.104	+2.19%

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EUR/USD: Failed to Break Resistance at 1.2971

By - Oct 03, 2012, 5:18 AM CDT

EUR/USD moved higher than its short-term down trendline yesterday but failed to break the resistance at 1.2971 (25/09/2012 high). Monitor the test of the hourly support at 1.2876 (see also up trendline). Key horizontal support at 1.2755 (11/09/2012 low).

Despite the recent sharp rise from 1.2043, the long-term trend is still negative as long as the down trendline linking the May 2011 high with the August 2011 high (currently near 1.3284) holds.

Daily Technical Report