EUR/USD - The correction from 134.99 went deeper into the resistance-zone, than I expected, but it hasn't changed the bigger picture, which still points down to below 123.28 longer term.Short term a break below 137 will confirm that the next leg lower has begun.
Gold - We finally saw the break below 1,795 to confirm the decline towards 1,660 area, which most likely will provide a nice buying oppotunity. We will fine-tune as we get there, but for now we should be focused at the downside for the next decline towards 1,701. Resistance will be in the 1,788 - 1,795 area.
Silver broke below the Pennat support-line at 40.06 yesterday, which calls for a much deeper decline. Normally break-downs from Pennats are pretty aggressive. The first target to look for is the 33 - 34 area. Resistance is at the broken support-line near 40.50, which now has turned into resistance. We could and should expect this line to be tested, but it is not a certainty
Copper - If we see a close below 401 tonight the uptrend since 124.75 has collapsed and points to a decline towards the 363 - 366 area as first target. In the bigger picture I expect this decline to go below the starting point of wave [B] at 124.75, so we should have much more downside to come, but remember a close below 401 is the trigger.
Crude Oil - is doing everything in its power to hang on to the correction, but it should only be a question of time before we will see the next decline below 87.83 confirming the start of the next decline towards the 72 target-area.
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