Commodity Prices

Gold •15 mins	2,402.00	+4.00	+0.17%
Platinum •15 mins	950.80	-3.70	-0.39%
WTI Crude •10 mins	84.52	+1.79	+2.16%
Gasoline •10 mins	2.747	+0.033	+1.22%
Ethanol •7 hours	2.161	+0.000	+0.00%
Silver •15 mins	28.34	-0.04	-0.14%

Silver • 15 mins	28.34	-0.04	-0.14%
Copper • 15 mins	4.423	-0.014	-0.30%
Brent Crude • 10 mins	88.89	+1.78	+2.04%
Natural Gas • 11 mins	1.768	+0.011	+0.63%
Heating Oil • 10 mins	2.590	+0.056	+2.21%

Headlines

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

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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: 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