Commodity Prices

Gold •274 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	946.10	-10.50	-1.10%
WTI Crude •10 mins	64.63	-2.32	-3.47%
Gasoline •10 mins	2.106	-0.058	-2.68%
Ethanol •274 days	2.161	+0.000	+0.00%
Silver •274 days	30.82	+1.16	+3.92%

Silver • 274 days	30.82	+1.16	+3.92%
Copper • 274 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.89	-2.25	-3.21%
Natural Gas • 10 mins	4.088	-0.050	-1.21%
Heating Oil • 10 mins	2.124	-0.065	-2.95%

Headlines

659 days Will The ECB Continue To Hike Rates?
659 days Forbes: Aramco Remains Largest Company In The Middle East
661 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,061 days Could Crypto Overtake Traditional Investment?
1,066 days Americans Still Quitting Jobs At Record Pace
1,067 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,071 days Is The Dollar Too Strong?
1,071 days Big Tech Disappoints Investors on Earnings Calls
1,072 days Fear And Celebration On Twitter as Musk Takes The Reins
1,073 days China Is Quietly Trying To Distance Itself From Russia
1,074 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,078 days Crypto Investors Won Big In 2021
1,078 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,079 days Food Prices Are Skyrocketing As Putin’s War Persists
1,081 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,081 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,085 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,086 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,086 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,088 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

Daily Technical Report

By - Nov 10, 2011, 6:15 AM CST

EUR/USD: Resuming sharp reversal into 1.3140. First objective met, stop moved to entry.

EUR/USD is resuming its sharp reversal from key overhead resistance (primarily an important 2 year trend-line).

The dramatic move has confirmed the emotionally charged bull-trap that we had anticipated, which has been driven by recent positive EU News.

Yesterday's break under 1.3653 (18th Oct low) unlocks further downside scope into 1.3146 (Oct swing low) and that all-important psychological level at 1.3000.

Daily Technical Report