Commodity Prices

Gold •294 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	982.70	+3.10	+0.32%
WTI Crude •10 mins	63.04	+0.77	+1.24%
Gasoline •10 mins	2.100	+0.016	+0.76%
Ethanol •294 days	2.161	+0.000	+0.00%
Silver •294 days	30.82	+1.16	+3.92%

Silver • 294 days	30.82	+1.16	+3.92%
Copper • 294 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.82	+0.70	+1.06%
Natural Gas • 10 mins	2.967	-0.055	-1.82%
Heating Oil • 10 mins	2.143	+0.016	+0.74%

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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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