"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •134 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 947.00 | +3.00 | +0.32% |
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WTI Crude •10 mins | 68.33 | -0.37 | -0.54% |
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Gasoline •22 mins | 1.968 | -0.013 | -0.67% |
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Ethanol •134 days | 2.161 | +0.000 | +0.00% |
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Silver •134 days | 30.82 | +1.16 | +3.92% |
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Silver • 134 days | 30.82 | +1.16 | +3.92% | |
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Copper • 134 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 72.18 | -0.38 | -0.52% | |
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Natural Gas • 11 mins | 2.764 | -0.021 | -0.75% | |
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Heating Oil • 12 mins | 2.200 | -0.013 | -0.57% |
The Economic Community of West…
An economic slowdown in many…
More freeports open around the…
EUR/USD has declined after touching the high of its rising wedge (bearish technical pattern). Support can be found at 1.2466 (28/08/2012 low, see also up trendline).
Given the lack of base formation, the recent strength in EUR is seen as a rebound within an underlying downtrend. We would therefore look at signs of weakness close to the resistance at 1.2748 to initiate a new short EUR position.
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