"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •15 mins | 2,014.50 | -31.90 | -1.56% |
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Platinum •15 mins | 919.80 | +7.80 | +0.86% |
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WTI Crude •14 hours | 71.23 | +1.89 | +2.73% |
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Gasoline •14 hours | 2.050 | +0.049 | +2.43% |
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Ethanol •12 hours | 2.161 | +0.000 | +0.00% |
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Silver •15 mins | 23.28 | -0.78 | -3.25% |
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Silver • 15 mins | 23.28 | -0.78 | -3.25% | |
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Copper • 15 mins | 3.831 | +0.033 | +0.87% | |
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Brent Crude • 13 hours | 75.84 | +1.79 | +2.42% | |
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Natural Gas • 14 hours | 2.581 | -0.004 | -0.15% | |
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Heating Oil • 14 hours | 2.581 | +0.032 | +1.25% |
The Economic Community of West…
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EUR/USD saw a minor break under daily channel support last week that failed to garner momentum. We would thus view a push back over 1.2444 as being a short-term bullish signal and have hence moved our stop to rest just above the recent high at 1.2444.
We continue to favour a push under 1.2242 (10/08/2012 low) to turn the near-term outlook bearish again. Below there would open up our second target at 1.2000.
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