Commodity Prices

Gold •805 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,788.80	+2.90	+0.16%
WTI Crude •11 mins	102.28	-0.15	-0.15%
Gasoline •12 mins	3.506	+0.021	+0.60%
Ethanol •805 days	2.161	+0.000	+0.00%
Silver •805 days	30.82	+1.16	+3.92%

Silver • 805 days	30.82	+1.16	+3.92%
Copper • 805 days	4.530	+0.111	+2.51%
Brent Crude • 12 mins	105.73	-0.10	-0.09%
Natural Gas • 11 mins	2.908	+0.017	+0.59%
Heating Oil • 13 mins	5.229	-0.018	-0.34%

Headlines

1,190 days Will The ECB Continue To Hike Rates?
1,190 days Forbes: Aramco Remains Largest Company In The Middle East
1,192 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,591 days Could Crypto Overtake Traditional Investment?
1,596 days Americans Still Quitting Jobs At Record Pace
1,598 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,601 days Is The Dollar Too Strong?
1,602 days Big Tech Disappoints Investors on Earnings Calls
1,602 days Fear And Celebration On Twitter as Musk Takes The Reins
1,604 days China Is Quietly Trying To Distance Itself From Russia
1,604 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,608 days Crypto Investors Won Big In 2021
1,609 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,609 days Food Prices Are Skyrocketing As Putin’s War Persists
1,612 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,612 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,615 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,616 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,616 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,618 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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: Declining Sharply

By - Dec 07, 2012, 5:26 AM CST

EUR/USD fell sharply yesterday after failing to break the resistance at 1.3140 (17/10/2012 high). A test of the support at 1.2875 is expected. An hourly resistance is at 1.2973 (intraday high). Another resistance is at 1.3046 (04/12/2012 low).

The underlying trend is negative (see the succession of lower highs since May 2011 peak). Therefore we expect limited upside potential given the strong resistance at 1.3172 (17/09/2012 high) and the overall overbought conditions.

Daily Technical Report