Commodity Prices

Gold •576 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,121.60	-496.70	-18.97%
WTI Crude •13 hours	65.21	-0.21	-0.32%
Gasoline •13 hours	1.923	+0.003	+0.15%
Ethanol •576 days	2.161	+0.000	+0.00%
Silver •576 days	30.82	+1.16	+3.92%

Silver • 576 days	30.82	+1.16	+3.92%
Copper • 576 days	4.530	+0.111	+2.51%
Brent Crude • 12 hours	69.32	-0.27	-0.39%
Natural Gas • 13 hours	4.354	+0.436	+11.13%
Heating Oil • 13 hours	2.736	+0.150	+5.81%

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Daily Technical Report

By - Oct 28, 2011, 5:54 AM CDT

EUR/USD's short-term bullish recovery is holding steady above the long-term 200-day MA at 1.4101, following the recent positive EU news. The move has temporarily neutralised the larger bearish downtrend from April.

Failure to hold above the 200-day MA will warn of an emotionally charged bull-trap and ultimately a sharp downside reversal through 1.3799 (26th Oct low) and 1.3653 (18th Oct low), with scope into 1.3146 (Oct swing low).