"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •624 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,977.40 | +33.70 | +1.73% |
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WTI Crude •11 mins | 95.70 | +0.15 | +0.16% |
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Gasoline •12 mins | 3.175 | +0.048 | +1.52% |
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Ethanol •624 days | 2.161 | +0.000 | +0.00% |
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Silver •624 days | 30.82 | +1.16 | +3.92% |
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Silver • 624 days | 30.82 | +1.16 | +3.92% | |
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Copper • 624 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 109.89 | +1.24 | +1.14% | |
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Natural Gas • 11 mins | 3.125 | -0.041 | -1.30% | |
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Heating Oil • 11 mins | 4.441 | +0.099 | +2.27% |
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EUR/USD appears to be in the midst of a corrective phase. In a similar manner to EUR/JPY we look for a re-test of the recent low at 1.2063 to guage if the pullback is complete at 1.2390.
A sustained break over 1.2408 is required to weaken the current bearish bias.
Longer-term in we focus on a weekly channel that suggests scope for a return to the 1.1000 region and potentially lower.
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