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12th Oct - EUR/USD Collapse Testing 76.4% Support Now

12 October 2014

MONTHLY CHART:

Failure to breach the long term

falling support line has sent the

market downward once more,

with values not far away from the

1.2132 50% retracement.

Looking closer...

WEEKLY CHART:

Bears were given a boost

following violation of the channel

base. However, the 76.4%

pullback level seems to be

providing a degree of support, and

a rebound at this stage would not

surprise technically.

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19th Oct - Cocoa Resisted by Long Term 76.4%

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05th Oct - Gold’s Slide Reaches Crucial Levels

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