Commodity Prices

Gold •717 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,668.20	-39.10	-2.29%
WTI Crude •1 day	76.54	+0.69	+0.91%
Gasoline •1 day	3.004	+0.009	+0.31%
Ethanol •717 days	2.161	+0.000	+0.00%
Silver •717 days	30.82	+1.16	+3.92%

Silver • 717 days	30.82	+1.16	+3.92%
Copper • 717 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	80.57	+0.72	+0.90%
Natural Gas • 1 day	3.198	-0.035	-1.08%
Heating Oil • 1 day	3.195	+0.067	+2.15%

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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