Commodity Prices

Gold •483 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,606.00	+5.20	+0.32%
WTI Crude •11 mins	60.55	+0.07	+0.12%
Gasoline •23 mins	1.985	+0.012	+0.59%
Ethanol •483 days	2.161	+0.000	+0.00%
Silver •483 days	30.82	+1.16	+3.92%

Silver • 483 days	30.82	+1.16	+3.92%
Copper • 483 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	64.95	+0.03	+0.05%
Natural Gas • 11 mins	3.892	+0.077	+2.02%
Heating Oil • 11 mins	2.452	+0.028	+1.13%

Headlines

868 days Will The ECB Continue To Hike Rates?
868 days Forbes: Aramco Remains Largest Company In The Middle East
870 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,270 days Could Crypto Overtake Traditional Investment?
1,275 days Americans Still Quitting Jobs At Record Pace
1,277 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,280 days Is The Dollar Too Strong?
1,280 days Big Tech Disappoints Investors on Earnings Calls
1,281 days Fear And Celebration On Twitter as Musk Takes The Reins
1,283 days China Is Quietly Trying To Distance Itself From Russia
1,283 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,287 days Crypto Investors Won Big In 2021
1,287 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,288 days Food Prices Are Skyrocketing As Putin’s War Persists
1,290 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,291 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,294 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,295 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,295 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,297 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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: Failed to Break Resistance at 1.2971

By - Oct 03, 2012, 5:18 AM CDT

EUR/USD moved higher than its short-term down trendline yesterday but failed to break the resistance at 1.2971 (25/09/2012 high). Monitor the test of the hourly support at 1.2876 (see also up trendline). Key horizontal support at 1.2755 (11/09/2012 low).

Despite the recent sharp rise from 1.2043, the long-term trend is still negative as long as the down trendline linking the May 2011 high with the August 2011 high (currently near 1.3284) holds.

Daily Technical Report