Commodity Prices

Gold •799 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,786.50	-14.60	-0.81%
WTI Crude •11 mins	103.30	+0.82	+0.80%
Gasoline •11 mins	3.429	+0.036	+1.05%
Ethanol •799 days	2.161	+0.000	+0.00%
Silver •799 days	30.82	+1.16	+3.92%

Silver • 799 days	30.82	+1.16	+3.92%
Copper • 799 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	108.52	+0.89	+0.83%
Natural Gas • 11 mins	2.832	-0.002	-0.07%
Heating Oil • 13 mins	5.123	+0.066	+1.30%

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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.

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