"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •711 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,712.20 | +46.50 | +2.79% |
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WTI Crude •1 day | 84.88 | -2.83 | -3.23% |
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Gasoline •1 day | 3.050 | -0.052 | -1.66% |
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Ethanol •711 days | 2.161 | +0.000 | +0.00% |
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Silver •711 days | 30.82 | +1.16 | +3.92% |
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Silver • 711 days | 30.82 | +1.16 | +3.92% | |
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Copper • 711 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 87.33 | -3.05 | -3.37% | |
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Natural Gas • 1 day | 3.120 | +0.033 | +1.07% | |
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Heating Oil • 1 day | 3.404 | -0.109 | -3.09% |
During the quarter there were…
An economic slowdown in many…
Modern monetary theory has been…
USD/CAD's wild swings on 5 October has created a support at 0.9736 (05/10/2012 low), which is strengthened by the proximity of the short-term support at 0.9726. An hourly resistance can be found at 0.9812 (05/10/2012 high).
The succession of lower highs since March 2009 favours an underlying bearish bias. Indeed, the break of the support at 0.9725 opens the way for a medium-term move towards the strong support at 0.9407. A break of the resistance at 0.9949 is needed to negate this bias.
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