Commodity Prices

Gold •744 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,612.50	-30.00	-1.83%
WTI Crude •6 hours	82.44	+3.49	+4.42%
Gasoline •6 hours	3.393	+0.108	+3.29%
Ethanol •744 days	2.161	+0.000	+0.00%
Silver •744 days	30.82	+1.16	+3.92%

Silver • 744 days	30.82	+1.16	+3.92%
Copper • 744 days	4.530	+0.111	+2.51%
Brent Crude • 5 hours	88.10	+3.87	+4.59%
Natural Gas • 6 hours	2.922	+0.064	+2.24%
Heating Oil • 6 hours	4.085	+0.055	+1.35%

Headlines

1,129 days Will The ECB Continue To Hike Rates?
1,129 days Forbes: Aramco Remains Largest Company In The Middle East
1,131 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,530 days Could Crypto Overtake Traditional Investment?
1,535 days Americans Still Quitting Jobs At Record Pace
1,537 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,540 days Is The Dollar Too Strong?
1,540 days Big Tech Disappoints Investors on Earnings Calls
1,541 days Fear And Celebration On Twitter as Musk Takes The Reins
1,543 days China Is Quietly Trying To Distance Itself From Russia
1,543 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,547 days Crypto Investors Won Big In 2021
1,547 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,548 days Food Prices Are Skyrocketing As Putin’s War Persists
1,551 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,551 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,554 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,555 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,555 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,557 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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: The Support at 1.2877 is Challenged

By - Mar 18, 2013, 5:49 AM CDT

EUR/USD has declined near the support at 1.2877 (07/12/2012 low). Resistances for a bounce can be found at 1.2997 (intraday low) and 1.3046 (intraday low).

The technical improvements, exhibited with the rise from 1.2043 (24/07/2012 low) to 1.3711 (01/02/2013 high), are put in doubt with the bearish breakout at 1.2998 (04/01/2013 low). Monitor the key supports at 1.2877 (07/12/2012 low, see also 50% retracement of the aforementioned rise) and 1.2662 (13/11/2012 low, see also 61.8% retracement of the aforementioned rise).

Daily Technical Report