"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •503 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,567.10 | +11.90 | +0.77% |
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WTI Crude •11 mins | 59.09 | -1.65 | -2.72% |
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Gasoline •11 mins | 1.948 | -0.052 | -2.58% |
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Ethanol •503 days | 2.161 | +0.000 | +0.00% |
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Silver •503 days | 30.82 | +1.16 | +3.92% |
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Silver • 503 days | 30.82 | +1.16 | +3.92% | |
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Copper • 503 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 63.18 | -1.71 | -2.64% | |
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Natural Gas • 11 mins | 4.529 | +0.158 | +3.61% | |
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Heating Oil • 11 mins | 2.586 | -0.115 | -4.25% |
An economic slowdown in many…
The Economic Community of West…
Wells Fargo has done it…
EUR/USD peaked at 1.3893 last Friday, just shy of a multi-month falling trend line. Scope is now seen for a further swing higher to retest this key area of resistance once again where supply is anticipated. Failure to be contained near the 1.3900 region will next open up a return towards 1.4247 (27/10/2011 high).
Overbought conditions and other nearby resistances such as the psychological threshold at 1.4000, may help to contain the upside longer term.
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