Commodity Prices

Gold •134 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	942.50	-1.50	-0.16%
WTI Crude •10 mins	67.69	-1.01	-1.47%
Gasoline •10 mins	1.954	-0.028	-1.41%
Ethanol •134 days	2.161	+0.000	+0.00%
Silver •134 days	30.82	+1.16	+3.92%

Silver • 134 days	30.82	+1.16	+3.92%
Copper • 134 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	71.53	-1.03	-1.42%
Natural Gas • 10 mins	2.718	-0.067	-2.41%
Heating Oil • 10 mins	2.182	-0.030	-1.35%

Headlines

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

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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: Yesterday's Bullish Intraday Reversal is Short-Term Positive

By - Apr 05, 2013, 5:07 AM CDT

EUR/USD has broken to the upside out of its recent base formation between 1.2751 and 1.2890. Further short-term strength is favoured. Resistances can be found at 1.2949 (04/04/2013 high) and 1.3048 (25/03/2013 high). An hourly support is at 1.2864 (03/04/2013 high).

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 key resistance is now at 1.3162 (28/02/2013 high). Key supports are at 1.2662 (13/11/2012 low) and 1.2043 (24/07/2012 low).

Daily Technical Report