Commodity Prices

Gold •421 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,359.50	-2.20	-0.16%
WTI Crude •10 mins	64.14	-0.46	-0.71%
Gasoline •5 hours	2.199	+0.050	+2.34%
Ethanol •421 days	2.161	+0.000	+0.00%
Silver •421 days	30.82	+1.16	+3.92%

Silver • 421 days	30.82	+1.16	+3.92%
Copper • 421 days	4.530	+0.111	+2.51%
Brent Crude • 23 mins	68.13	-0.49	-0.71%
Natural Gas • 11 mins	2.976	+0.032	+1.09%
Heating Oil • 5 hours	2.310	+0.015	+0.63%

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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