Commodity Prices

Gold •462 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,703.40	+2.60	+0.15%
WTI Crude •11 mins	62.29	-0.26	-0.42%
Gasoline •11 mins	1.902	-0.008	-0.42%
Ethanol •462 days	2.161	+0.000	+0.00%
Silver •462 days	30.82	+1.16	+3.92%

Silver • 462 days	30.82	+1.16	+3.92%
Copper • 462 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	65.95	-0.30	-0.45%
Natural Gas • 11 mins	3.292	-0.041	-1.23%
Heating Oil • 11 mins	2.303	+0.011	+0.50%

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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