Commodity Prices

Gold •365 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,389.70	+7.60	+0.55%
WTI Crude •11 mins	67.03	+0.03	+0.04%
Gasoline •17 mins	2.115	-0.003	-0.16%
Ethanol •365 days	2.161	+0.000	+0.00%
Silver •365 days	30.82	+1.16	+3.92%

Silver • 365 days	30.82	+1.16	+3.92%
Copper • 365 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	68.78	-0.02	-0.03%
Natural Gas • 10 mins	3.402	-0.007	-0.21%
Heating Oil • 13 mins	2.362	-0.008	-0.35%

Headlines

749 days Will The ECB Continue To Hike Rates?
750 days Forbes: Aramco Remains Largest Company In The Middle East
751 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,151 days Could Crypto Overtake Traditional Investment?
1,156 days Americans Still Quitting Jobs At Record Pace
1,158 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,161 days Is The Dollar Too Strong?
1,161 days Big Tech Disappoints Investors on Earnings Calls
1,162 days Fear And Celebration On Twitter as Musk Takes The Reins
1,164 days China Is Quietly Trying To Distance Itself From Russia
1,164 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,168 days Crypto Investors Won Big In 2021
1,168 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,169 days Food Prices Are Skyrocketing As Putin’s War Persists
1,171 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,172 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,175 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,176 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,176 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,178 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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

Daily Technical Report

By - Oct 28, 2011, 5:54 AM CDT

EUR/USD's short-term bullish recovery is holding steady above the long-term 200-day MA at 1.4101, following the recent positive EU news. The move has temporarily neutralised the larger bearish downtrend from April.

Failure to hold above the 200-day MA will warn of an emotionally charged bull-trap and ultimately a sharp downside reversal through 1.3799 (26th Oct low) and 1.3653 (18th Oct low), with scope into 1.3146 (Oct swing low).