Commodity Prices

Gold •234 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	987.70	-9.50	-0.95%
WTI Crude •1 day	70.40	-2.08	-2.87%
Gasoline •1 day	2.027	-0.060	-2.87%
Ethanol •234 days	2.161	+0.000	+0.00%
Silver •234 days	30.82	+1.16	+3.92%

Silver • 234 days	30.82	+1.16	+3.92%
Copper • 234 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	74.43	-2.05	-2.68%
Natural Gas • 1 day	4.234	+0.082	+1.97%
Heating Oil • 1 day	2.432	-0.071	-2.84%

Headlines

619 days Will The ECB Continue To Hike Rates?
619 days Forbes: Aramco Remains Largest Company In The Middle East
621 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,021 days Could Crypto Overtake Traditional Investment?
1,026 days Americans Still Quitting Jobs At Record Pace
1,028 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,031 days Is The Dollar Too Strong?
1,031 days Big Tech Disappoints Investors on Earnings Calls
1,032 days Fear And Celebration On Twitter as Musk Takes The Reins
1,034 days China Is Quietly Trying To Distance Itself From Russia
1,034 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,038 days Crypto Investors Won Big In 2021
1,038 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,039 days Food Prices Are Skyrocketing As Putin’s War Persists
1,041 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,042 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,045 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,046 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,046 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,048 days Are NFTs About To Take Over Gaming?

How Millennials Are Reshaping Real Estate

The real estate market is…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

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