"No warning can save people determined to grow suddently rich" - Lord Overstone
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Gold •15 mins | 1,732.40 | +9.40 | +0.55% |
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Platinum •15 mins | 1,209.80 | +18.50 | +1.55% |
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WTI Crude •11 mins | 59.60 | -1.04 | -1.72% |
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Gasoline •13 mins | 1.933 | -0.010 | -0.52% |
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Ethanol •2 hours | 1.775 | +0.085 | +5.03% |
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Silver •15 mins | 26.80 | +0.12 | +0.46% |
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Silver • 15 mins | 26.80 | +0.12 | +0.46% | |
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Copper • 15 mins | 4.207 | +0.094 | +2.29% | |
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Brent Crude • 11 mins | 62.55 | -1.14 | -1.79% | |
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Natural Gas • 10 mins | 2.850 | +0.073 | +2.63% | |
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Heating Oil • 10 mins | 1.807 | -0.012 | -0.68% |
Earnings season is well underway,…
Stocks sold off last week…
It’s a mistake to view…
EUR/GBP has surged but the technical structure suggests that it should be temporary. As resistance at 0.8645 holds, we do not rule out further weakness towards supports given at 0.8450 (03/01/2016 low) and at 0.8304 (05/12/2016)
In the long-term, the pair has largely recovered from recent lows in 2015. The technical structure suggests a growing upside momentum. The pair is trading above from its 200 DMA. Strong resistance can be found at 0.9500 psychological level.
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