Commodity Prices

Gold •309 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	979.90	-3.30	-0.34%
WTI Crude •10 mins	59.82	+1.75	+3.01%
Gasoline •10 mins	2.081	+0.054	+2.64%
Ethanol •309 days	2.161	+0.000	+0.00%
Silver •309 days	30.82	+1.16	+3.92%

Silver • 309 days	30.82	+1.16	+3.92%
Copper • 309 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	62.77	+1.65	+2.70%
Natural Gas • 10 mins	3.561	-0.060	-1.66%
Heating Oil • 10 mins	2.037	+0.060	+3.06%

Headlines

693 days Will The ECB Continue To Hike Rates?
693 days Forbes: Aramco Remains Largest Company In The Middle East
695 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,095 days Could Crypto Overtake Traditional Investment?
1,100 days Americans Still Quitting Jobs At Record Pace
1,102 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,105 days Is The Dollar Too Strong?
1,105 days Big Tech Disappoints Investors on Earnings Calls
1,106 days Fear And Celebration On Twitter as Musk Takes The Reins
1,108 days China Is Quietly Trying To Distance Itself From Russia
1,108 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,112 days Crypto Investors Won Big In 2021
1,112 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,113 days Food Prices Are Skyrocketing As Putin’s War Persists
1,115 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,116 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,119 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,120 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,120 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,122 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

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: Bouncing

By - Apr 02, 2013, 6:29 AM CDT

EUR/USD is bouncing within its underlying downtrend. An hourly resistance is at 1.2890 (26/03/2013 high). Another resistance can be found at 1.3048 (25/03/2013 high). An hourly support is at 1.2751 (27/03/2013 low).

In the longer-term, the succession of lower highs since 1 February and the recent new lows below the key support at 1.2877 (07/12/2012 low, see also 200 day moving average) suggest that the rise from July 2012 has made its top at 1.3711. A test of the key support at 1.2662 (13/11/2012 low) is expected. A key resistance is now at 1.3162 (28/02/2013 high).

Daily Technical Report