Commodity Prices

Gold •682 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,991.80	-99.60	-4.76%
WTI Crude •1 day	105.42	+4.25	+4.20%
Gasoline •1 day	3.702	+0.096	+2.67%
Ethanol •682 days	2.161	+0.000	+0.00%
Silver •682 days	30.82	+1.16	+3.92%

Silver • 682 days	30.82	+1.16	+3.92%
Copper • 682 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	109.26	+3.54	+3.35%
Natural Gas • 1 day	2.960	+0.066	+2.28%
Heating Oil • 1 day	4.053	+0.148	+3.78%

Headlines

1,067 days Will The ECB Continue To Hike Rates?
1,067 days Forbes: Aramco Remains Largest Company In The Middle East
1,069 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,469 days Could Crypto Overtake Traditional Investment?
1,474 days Americans Still Quitting Jobs At Record Pace
1,476 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,479 days Is The Dollar Too Strong?
1,479 days Big Tech Disappoints Investors on Earnings Calls
1,480 days Fear And Celebration On Twitter as Musk Takes The Reins
1,482 days China Is Quietly Trying To Distance Itself From Russia
1,482 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,486 days Crypto Investors Won Big In 2021
1,486 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,487 days Food Prices Are Skyrocketing As Putin’s War Persists
1,489 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,490 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,493 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,494 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,494 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,496 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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: Week Bounce Thus Far

By - Mar 21, 2013, 6:13 AM CDT

EUR/USD has thus far successfully tested the support at 1.2877 (07/12/2012 low, see also 200 day moving average) on a daily close basis. However, the succession of lower highs and lower lows is still in place and the current bounce is unimpressive. Monitor the resistance at 1.2996 (18/03/2013 high). Another resistance is at 1.3107 (15/03/2013 high).

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) and 1.2662 (13/11/2012 low).

Daily Technical Report