"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •15 mins | 2,339.20 | +0.80 | +0.03% |
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Platinum •15 mins | 915.60 | -0.20 | -0.02% |
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WTI Crude •10 mins | 82.83 | +0.02 | +0.02% |
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Gasoline •10 mins | 2.744 | +0.009 | +0.34% |
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Ethanol •13 hours | 2.161 | +0.000 | +0.00% |
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Silver •15 mins | 27.41 | +0.06 | +0.22% |
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Silver • 15 mins | 27.41 | +0.06 | +0.22% | |
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Copper • 15 mins | 4.550 | +0.063 | +1.40% | |
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Brent Crude • 10 mins | 88.07 | +0.05 | +0.06% | |
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Natural Gas • 10 mins | 1.653 | -0.326 | -16.47% | |
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Heating Oil • 10 mins | 2.565 | +0.015 | +0.60% |
Stocks sold off last week…
Earnings season is well underway,…
The real estate market is…
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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