Commodity Prices

Gold •753 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,643.40	+39.30	+2.45%
WTI Crude •11 mins	83.94	-5.37	-6.01%
Gasoline •11 mins	3.294	-0.102	-2.99%
Ethanol •753 days	2.161	+0.000	+0.00%
Silver •753 days	30.82	+1.16	+3.92%

Silver • 753 days	30.82	+1.16	+3.92%
Copper • 753 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	90.23	-6.55	-6.77%
Natural Gas • 11 mins	2.765	-0.106	-3.69%
Heating Oil • 12 mins	4.122	-0.059	-1.41%

Headlines

1,138 days Will The ECB Continue To Hike Rates?
1,138 days Forbes: Aramco Remains Largest Company In The Middle East
1,140 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,540 days Could Crypto Overtake Traditional Investment?
1,545 days Americans Still Quitting Jobs At Record Pace
1,547 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,550 days Is The Dollar Too Strong?
1,550 days Big Tech Disappoints Investors on Earnings Calls
1,551 days Fear And Celebration On Twitter as Musk Takes The Reins
1,553 days China Is Quietly Trying To Distance Itself From Russia
1,553 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,557 days Crypto Investors Won Big In 2021
1,557 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,558 days Food Prices Are Skyrocketing As Putin’s War Persists
1,560 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,561 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,564 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,565 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,565 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,567 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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…

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

Euro Edged Higher

By - Mar 27, 2012, 5:51 AM CDT

EUR/USDâ€™s latest mid-March rebound is edging higher above key level at 1.3290/95 (internal resistance).

Only a sustained daily close back above 1.3295 and 1.3436/60 unlocks an extended recovery into our upside target zones at 1.3612/30 (200-day average).

Meanwhile, the bears need to close decisively below 1.3140, then 1.3000 (psychological support), in order to activate an important multi-month reversal pattern into 1.2630 (16 Jan swing low).

Inversely, the USD Index has temporarily dipped lower beneath key support at 79.07 (08 March low), with next support at 78.10.

Expect these levels to act as one of the last points of defence for a re-launch of the greenbackâ€™s recovery which is still part of the bullish cycle into 80.73 (15th March high) and 81.78 (13th Jan swing/12 month high).

Daily Technical Report