Commodity Prices

Gold •776 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,743.90	+10.10	+0.58%
WTI Crude •11 mins	85.82	+0.88	+1.04%
Gasoline •11 mins	3.328	+0.026	+0.79%
Ethanol •776 days	2.161	+0.000	+0.00%
Silver •776 days	30.82	+1.16	+3.92%

Silver • 776 days	30.82	+1.16	+3.92%
Copper • 776 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	91.85	+0.83	+0.91%
Natural Gas • 11 mins	2.816	+0.040	+1.44%
Heating Oil • 11 mins	4.465	+0.015	+0.33%

Headlines

1,161 days Will The ECB Continue To Hike Rates?
1,161 days Forbes: Aramco Remains Largest Company In The Middle East
1,163 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,563 days Could Crypto Overtake Traditional Investment?
1,568 days Americans Still Quitting Jobs At Record Pace
1,570 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,573 days Is The Dollar Too Strong?
1,573 days Big Tech Disappoints Investors on Earnings Calls
1,574 days Fear And Celebration On Twitter as Musk Takes The Reins
1,576 days China Is Quietly Trying To Distance Itself From Russia
1,576 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,580 days Crypto Investors Won Big In 2021
1,580 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,581 days Food Prices Are Skyrocketing As Putin’s War Persists
1,583 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,584 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,587 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,588 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,588 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,590 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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: The Support at 1.3159 Has Been Broken

By - Jan 03, 2013, 5:16 AM CST

EUR/USD has broken to the downside out of its horizontal range between the support at 1.3159 and the resistance at 1.3308. Further short-term weakness is favoured as long as the hourly resistance at 1.3191 (intraday high) holds. Supports are given by the rising trendline and 1.3041 (13/12/2012 low).

The higher low in July 2012 (compared to July 2010) and the recent new high above the strong resistance at 1.3172 suggest an improvement of the underlying trend. A strong resistance is at 1.3487 (24/02/2012 high).

Daily Technical Report