Commodity Prices

Gold •758 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,658.70	-1.50	-0.09%
WTI Crude •4 hours	84.67	+1.08	+1.29%
Gasoline •4 hours	3.114	-0.017	-0.55%
Ethanol •758 days	2.161	+0.000	+0.00%
Silver •758 days	30.82	+1.16	+3.92%

Silver • 758 days	30.82	+1.16	+3.92%
Copper • 758 days	4.530	+0.111	+2.51%
Brent Crude • 3 hours	87.93	+1.05	+1.21%
Natural Gas • 4 hours	2.747	-0.011	-0.40%
Heating Oil • 4 hours	4.122	-0.088	-2.09%

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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