Commodity Prices

Gold •714 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,737.30	-55.60	-3.10%
WTI Crude •11 mins	74.93	-1.86	-2.42%
Gasoline •11 mins	2.874	-0.035	-1.22%
Ethanol •714 days	2.161	+0.000	+0.00%
Silver •714 days	30.82	+1.16	+3.92%

Silver • 714 days	30.82	+1.16	+3.92%
Copper • 714 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	77.94	-1.61	-2.02%
Natural Gas • 11 mins	3.151	+0.006	+0.19%
Heating Oil • 17 mins	3.112	-0.082	-2.58%

Headlines

1,099 days Will The ECB Continue To Hike Rates?
1,099 days Forbes: Aramco Remains Largest Company In The Middle East
1,101 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,501 days Could Crypto Overtake Traditional Investment?
1,505 days Americans Still Quitting Jobs At Record Pace
1,507 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,510 days Is The Dollar Too Strong?
1,511 days Big Tech Disappoints Investors on Earnings Calls
1,512 days Fear And Celebration On Twitter as Musk Takes The Reins
1,513 days China Is Quietly Trying To Distance Itself From Russia
1,514 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,518 days Crypto Investors Won Big In 2021
1,518 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,519 days Food Prices Are Skyrocketing As Putin’s War Persists
1,521 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,521 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,525 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,525 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,526 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,528 days Are NFTs About To Take Over Gaming?

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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: Weakening

By - Jan 16, 2013, 6:58 AM CST

EUR/USD is correcting its rise from the low at 1.2998. We see that weakness as a short-term event and then expect further strength towards the resistance at 1.3487 (24/02/2012 high). Monitor the hourly support at 1.3249 (11/01/2013 low, see also 38.2% retracement). An hourly resistance is at 1.3319 (intraday high).

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