Commodity Prices

Gold •15 mins	2,386.20	+3.20	+0.13%
Platinum •15 mins	977.00	-4.00	-0.41%
WTI Crude •10 mins	85.52	+0.11	+0.13%
Gasoline •11 mins	2.795	+0.011	+0.40%
Ethanol •11 hours	2.161	+0.000	+0.00%
Silver •15 mins	28.42	-0.30	-1.03%

Silver • 15 mins	28.42	-0.30	-1.03%
Copper • 15 mins	4.330	-0.050	-1.13%
Brent Crude • 10 mins	90.25	+0.15	+0.17%
Natural Gas • 11 mins	1.698	+0.007	+0.41%
Heating Oil • 11 mins	2.660	+0.006	+0.23%

Headlines

306 days Will The ECB Continue To Hike Rates?
306 days Forbes: Aramco Remains Largest Company In The Middle East
308 days Caltech Scientists Succesfully Beam Back Solar Power From Space
708 days Could Crypto Overtake Traditional Investment?
712 days Americans Still Quitting Jobs At Record Pace
714 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
717 days Is The Dollar Too Strong?
718 days Big Tech Disappoints Investors on Earnings Calls
719 days Fear And Celebration On Twitter as Musk Takes The Reins
720 days China Is Quietly Trying To Distance Itself From Russia
721 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
725 days Crypto Investors Won Big In 2021
725 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
726 days Food Prices Are Skyrocketing As Putin’s War Persists
728 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
728 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
732 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
732 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
733 days Two ETFs That Could Hedge Against Extreme Market Volatility
735 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Trader Compares Current Market Environment To 2007

It’s a mistake to view…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

EUR/USD: Challenging its Recent Lows

By - Jun 03, 2014, 5:28 AM CDT

EUR/USD remains in a short-term bearish technical structure as long as prices stay below the resistance at 1.3650 (27/05/2014 high, see also the declining trendline). Monitor the test of the hourly support at 1.3586. Another support stands at 1.3562 (12/02/2014 low), whereas another resistance lies at 1.3734 (19/05/2014 high).

In the longer term, the break of the long-term rising wedge (see also the support at 1.3673) indicates a clear deterioration of the technical structure. The long-term downside risk implied by the double-top formation is 1.3379. Key supports can be found at 1.3477 (03/02/2014 low) and 1.3296 (07/11/2013 low).

Daily Technical Report