Commodity Prices

Gold •134 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	951.00	+7.00	+0.74%
WTI Crude •10 mins	67.79	-0.91	-1.32%
Gasoline •10 mins	1.959	-0.023	-1.17%
Ethanol •134 days	2.161	+0.000	+0.00%
Silver •134 days	30.82	+1.16	+3.92%

Silver • 134 days	30.82	+1.16	+3.92%
Copper • 134 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	71.60	-0.96	-1.32%
Natural Gas • 10 mins	2.720	-0.065	-2.33%
Heating Oil • 11 mins	2.182	-0.031	-1.38%

Headlines

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

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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: Selling Pressure is Intensifying

By - Sep 20, 2012, 5:14 AM CDT

EUR/USD has moved below its short-term support at 1.3022. A move towards the support at 1.2755 (11/09/2012) is now expected.

The lack of base formation or sell-off suggests that the current strength in EUR is a rebound within an underlying downtrend. The current weakness near the 38.2% retracement of the decline from May 2011 to July 2012 suggests limited short-term upside potential and the start of a new down phase.

Daily Technical Report