Commodity Prices

Gold •794 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,826.00	-8.00	-0.44%
WTI Crude •1 day	91.48	+0.18	+0.20%
Gasoline •1 day	3.215	+0.080	+2.54%
Ethanol •794 days	2.161	+0.000	+0.00%
Silver •794 days	30.82	+1.16	+3.92%

Silver • 794 days	30.82	+1.16	+3.92%
Copper • 794 days	4.530	+0.111	+2.51%
Brent Crude • 23 hours	96.28	+0.76	+0.80%
Natural Gas • 1 day	2.975	+0.062	+2.13%
Heating Oil • 1 day	4.540	-0.053	-1.16%

Headlines

1,178 days Will The ECB Continue To Hike Rates?
1,179 days Forbes: Aramco Remains Largest Company In The Middle East
1,180 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,580 days Could Crypto Overtake Traditional Investment?
1,585 days Americans Still Quitting Jobs At Record Pace
1,587 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,590 days Is The Dollar Too Strong?
1,590 days Big Tech Disappoints Investors on Earnings Calls
1,591 days Fear And Celebration On Twitter as Musk Takes The Reins
1,593 days China Is Quietly Trying To Distance Itself From Russia
1,593 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,597 days Crypto Investors Won Big In 2021
1,597 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,598 days Food Prices Are Skyrocketing As Putin’s War Persists
1,600 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,601 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,604 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,605 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,605 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,607 days Are NFTs About To Take Over Gaming?

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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: Bullish Breakout of the Triangle Favours Further Strength

By - Oct 17, 2012, 5:52 AM CDT

EUR/USD has broken to the upside out of its symmetrical triangle, which calls for further strength towards 1.3320. Monitor the resistance at 1.3172 (17/09/2012 high). An hourly support is at 1.3016 (intraday low).

Even though the long-term trend is still negative (see long-term declining trendline linking the May 2011 high with the August 2011 high), the recent improvements suggest that the rise that started in July 2012 is not over.

Daily Technical Report