21st Mar - Brent Crude Retraces 38.2%
21 March 2013
MONTHLY CHART – CONTINUATION:
Another recovery attempt has failed some way ahead of the 128.40 2012 peak. Upward momentum is threatened – see Daily chart.
DAILY CHART – May-13:
Pullback has now reached the 107.45 38.2% retracement area where s/term support looks to be emerging.
At this stage any bounce could find resistance near the 114.47 Sep high area, if not before.
A breach of 38.2% would sideline bulls – a breach of lower support from the channel base projection close to 105.00 would be a bearish sign.
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21st March - The Gold bulls are stirring 
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20th Mar - EUR/GBP Now Pulling Back