Commodity Prices

Gold •295 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	971.20	-9.10	-0.93%
WTI Crude •10 mins	62.53	-0.26	-0.41%
Gasoline •10 mins	2.107	+0.002	+0.07%
Ethanol •295 days	2.161	+0.000	+0.00%
Silver •295 days	30.82	+1.16	+3.92%

Silver • 295 days	30.82	+1.16	+3.92%
Copper • 295 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.24	-0.31	-0.47%
Natural Gas • 10 mins	2.910	-0.020	-0.68%
Heating Oil • 10 mins	2.152	+0.008	+0.37%

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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