Commodity Prices

Gold •655 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,097.20	-44.50	-2.08%
WTI Crude •12 mins	90.20	+6.35	+7.57%
Gasoline •20 mins	3.129	+0.124	+4.13%
Ethanol •655 days	2.161	+0.000	+0.00%
Silver •655 days	30.82	+1.16	+3.92%

Silver • 655 days	30.82	+1.16	+3.92%
Copper • 655 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	95.98	+5.60	+6.20%
Natural Gas • 11 mins	2.719	+0.045	+1.68%
Heating Oil • 14 mins	3.651	+0.253	+7.46%

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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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