"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •794 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,826.00 | -8.00 | -0.44% |
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WTI Crude •1 day | 91.48 | +0.18 | +0.20% |
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Gasoline •1 day | 3.215 | +0.080 | +2.54% |
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Ethanol •794 days | 2.161 | +0.000 | +0.00% |
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Silver •794 days | 30.82 | +1.16 | +3.92% |
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Silver • 794 days | 30.82 | +1.16 | +3.92% | |
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Copper • 794 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 96.28 | +0.76 | +0.80% | |
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Natural Gas • 1 day | 2.975 | +0.062 | +2.13% | |
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Heating Oil • 1 day | 4.540 | -0.053 | -1.16% |
The Economic Community of West…
An economic slowdown in many…
This aging bull market may…
EUR/USD appears to have entered a short-term consolidation phase which is favoured to yield a lower high versus the recent 1.2443 double top.
Failure to remain below 1.2443 will suggest a stronger recovery higher. We now look for a break back over 83.508 (02/08/2012 high) in the USD index which will then warn of a fresh leg higher to break over the annual high at 84.100.
Longer-term a return to the 1.1000 region in EUR/USD, close to multi-week channel support, remains feasible.
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