Commodity Prices

Gold •636 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,976.20	+6.00	+0.30%
WTI Crude •11 mins	98.75	-2.63	-2.59%
Gasoline •11 mins	3.097	-0.107	-3.35%
Ethanol •636 days	2.161	+0.000	+0.00%
Silver •636 days	30.82	+1.16	+3.92%

Silver • 636 days	30.82	+1.16	+3.92%
Copper • 636 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	101.05	-2.92	-2.81%
Natural Gas • 11 mins	2.827	-0.057	-1.98%
Heating Oil • 11 mins	4.003	-0.111	-2.70%

Headlines

1,021 days Will The ECB Continue To Hike Rates?
1,021 days Forbes: Aramco Remains Largest Company In The Middle East
1,023 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,423 days Could Crypto Overtake Traditional Investment?
1,428 days Americans Still Quitting Jobs At Record Pace
1,430 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,433 days Is The Dollar Too Strong?
1,433 days Big Tech Disappoints Investors on Earnings Calls
1,434 days Fear And Celebration On Twitter as Musk Takes The Reins
1,436 days China Is Quietly Trying To Distance Itself From Russia
1,436 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,440 days Crypto Investors Won Big In 2021
1,440 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,441 days Food Prices Are Skyrocketing As Putin’s War Persists
1,443 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,444 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,447 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,448 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,448 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,450 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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