Platinum Daily Precious Metal Report.

Precious Metal Market Summary: Platinum

Market Prices
Open	1528.00 ↓
High	1542.50 ↓
Low	1528.00 ↑
Close	1535.50 ↑
Change	+7.00 +0.46%
Metal Market summary In the previous market session Platinum closed higher, up +7.00 points. [CloseUp] MTL/XPT has generated a swing sell signal. [SwingSell] The FX rate MTL/XPT has reacted lower. [Reacted]

Trading Levels
Resistance 3	1552.50
Resistance 2	1548.49
Resistance 1	1541.99
Close	1535.50
Support 1	1529.01
Support 2	1522.51
Support 3	1518.50
Precious Metal Trading Signals In the most recent trading session Platinum broke up through the first resistance level. [Res1Broke] MTL/XPT stayed above support level 1. [SupHeld] The market closed the session between support and resistance levels one. [SupCloseRes]

50 day high	20 day high	5 day high	5 day low	20 day low	50 day high
1619.50	1559.50	1559.50	1500.50	1482.50	1452.50

Moving Averages		Commentary
5 Day	1531.87	Platinum has moved above its 5 day moving average. [CloseXMa5, CloseMa5]. Previously, it moved under this average 1 day when the closing price at that time was 1528.50.
20 Day	1528.80	MTL/XPT remains above its 20 day moving average. [CloseMa20]. This has been the case for 3 days when the closing price at that time was 1537.50.
50 Day	1549.76	MTL/XPT remains under its 50 day moving average. [Ma50Close]. This has been the case for 51 days when the closing price at that time was 1666.50.

Metal Technical Analysis: Platinum

Moving Averages		Commentary
5 Day	1531.87	Platinum has moved above its 5 day moving average. [CloseXMa5, CloseMa5]. Previously, it moved under this average 1 day when the closing price at that time was 1528.50.
20 Day	1528.80	MTL/XPT remains above its 20 day moving average. [CloseMa20]. This has been the case for 3 days when the closing price at that time was 1537.50.
50 Day	1549.76	MTL/XPT remains under its 50 day moving average. [Ma50Close]. This has been the case for 51 days when the closing price at that time was 1666.50.

Stochastic		Commentary
Stochastic	66.12	The stochastic continues to fall. [StocFall] The move down has been in place for 1 day at a price of 1528.50.
Trigger	70.72

Stochastic RSI		Commentary
Stochastic RSI	88.57	The stochastic RSI is overbought yet it continues to rise. [StocRSIOB, StocRSIRise] The move up has been in place for 15 days when the price was 1523.50.
Trigger	85.11

Ichimoku Kinko Hyo Commentary
The Ichimoku Kinko Hyo trading system for MTL/XPT is in bearish mode and it has been like this for 10 days. The closing price at the time the sell signal was generated was 1519.50. [IchiBearish]

Forex Trading Signals

FX Trading Signals - Technical Analysis signals recently generated.

GBP/SGD: [Swing Buy]

EUR/NOK: [Outside Day] [5 DMA Bearish Cross] [20 DMA Bearish Cross]

SGD/JPY: [5 DMA Bearish Cross] [50 DMA Bearish Cross]

USD/INR: [Swing Sell]

USD/RUB: [Inside Day]

Forex News

Foreign Exchange headlines.

Thu, 29 Jul 2010 20:27:16 GMT+00:00 WORLD FOREX: Euro Hits Near 12-Week High Vs Dollar; US Economy Weighs - Wall Street Journal

Thu, 29 Jul 2010 16:20:50 GMT+00:00 WORLD FOREX: Euro Falls From 11-Week High, Still Up On Dollar - Wall Street Journal

Fri, 30 Jul 2010 02:37:45 GMT+00:00 FOREX: The US - Automated Trader

Fri, 30 Jul 2010 00:03:05 GMT+00:00 Forex - Asia Open - Overnight Highlights - FXMarketAlerts.com

www.forex.co.uk

Platinum Overview:

Precious Metal Market Summary: Platinum

Metal Technical Analysis: Platinum