Commodity Prices

Gold •716 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,668.20	-39.10	-2.29%
WTI Crude •17 hours	76.54	+0.69	+0.91%
Gasoline •17 hours	3.004	+0.009	+0.31%
Ethanol •716 days	2.161	+0.000	+0.00%
Silver •716 days	30.82	+1.16	+3.92%

Silver • 716 days	30.82	+1.16	+3.92%
Copper • 716 days	4.530	+0.111	+2.51%
Brent Crude • 16 hours	80.57	+0.72	+0.90%
Natural Gas • 17 hours	3.198	-0.035	-1.08%
Heating Oil • 17 hours	3.195	+0.067	+2.15%

Headlines

1,101 days Will The ECB Continue To Hike Rates?
1,101 days Forbes: Aramco Remains Largest Company In The Middle East
1,103 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,503 days Could Crypto Overtake Traditional Investment?
1,508 days Americans Still Quitting Jobs At Record Pace
1,509 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,513 days Is The Dollar Too Strong?
1,513 days Big Tech Disappoints Investors on Earnings Calls
1,514 days Fear And Celebration On Twitter as Musk Takes The Reins
1,515 days China Is Quietly Trying To Distance Itself From Russia
1,516 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,520 days Crypto Investors Won Big In 2021
1,520 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,521 days Food Prices Are Skyrocketing As Putin’s War Persists
1,523 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,523 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,527 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,528 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,528 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,530 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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: Nearing a Key Resistance Area

By - Apr 11, 2013, 5:38 AM CDT

EUR/USD is near the key resistance area defined by 1.3107 (15/03/2013 high, see also 38.2% retracement of the decline from 1.3711) and 1.3162 (28/02/2013 high). Hourly supports are at 1.3005 (09/04/2013 low) and 1.2962 (08/04/2013 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. Key resistances are at 1.3162 (28/02/2013 high) and 1.3319 (25/02/2013 high). Key supports are at 1.2662 (13/11/2012 low) and 1.2043 (24/07/2012 low).

Daily Technical Report