Commodity Prices

Gold •172 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	935.20	-1.20	-0.13%
WTI Crude •10 mins	69.80	+0.34	+0.49%
Gasoline •10 mins	1.952	+0.010	+0.53%
Ethanol •172 days	2.161	+0.000	+0.00%
Silver •172 days	30.82	+1.16	+3.92%

Silver • 172 days	30.82	+1.16	+3.92%
Copper • 172 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.25	+0.31	+0.43%
Natural Gas • 10 mins	3.870	+0.122	+3.26%
Heating Oil • 23 mins	2.248	+0.016	+0.72%

Headlines

556 days Will The ECB Continue To Hike Rates?
557 days Forbes: Aramco Remains Largest Company In The Middle East
558 days Caltech Scientists Succesfully Beam Back Solar Power From Space
958 days Could Crypto Overtake Traditional Investment?
963 days Americans Still Quitting Jobs At Record Pace
965 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
968 days Is The Dollar Too Strong?
968 days Big Tech Disappoints Investors on Earnings Calls
969 days Fear And Celebration On Twitter as Musk Takes The Reins
971 days China Is Quietly Trying To Distance Itself From Russia
971 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
975 days Crypto Investors Won Big In 2021
975 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
976 days Food Prices Are Skyrocketing As Putin’s War Persists
978 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
979 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
982 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
983 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
983 days Two ETFs That Could Hedge Against Extreme Market Volatility
985 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…

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: Approaching The Strong Resistance at 1.3487

By - Jan 14, 2013, 5:56 AM CST

EUR/USD has broken the resistance area defined by 1.3284 and its previous highs at 1.3308 (19/12/2012 high). A move towards the strong resistance at 1.3487 (24/02/2012 high) is expected. Hourly supports are at 1.3321 (intraday low) and 1.3249 (11/01/2013 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. Strong resistances can be found at 1.3487 and 1.4247 (27/10/2011 high).

Daily Technical Report