Eventful day in the commodity universe with gold collapsing following the 1522/27 key support break, copper, oil and more taking a real beating. Accordingly CAD is weaker. The JPY correction seems to getting legs. EURUSD struggling in the target range, needs to break 1.3040ish for sellers to gain traction, USDJPY should ideally next be heading for 96.30, CABLE behaving as the called for peak is in place, EURSEK more congestion in the triangle (before breaking lower) USDSEK escaped (so far) a 6.3170 break, EURNOK back on track higher, NOKSEK seek a new short, USDCAD watch that possible big bull flag, GOLD in a tail spin, BONDS back in full demand, OIL 100/102 on the agenda, S&P500 small step back but still stretched.
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