Commodity Prices

Gold •762 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,763.00	+7.00	+0.40%
WTI Crude •11 mins	76.24	+0.47	+0.62%
Gasoline •11 mins	2.885	+0.033	+1.15%
Ethanol •762 days	2.161	+0.000	+0.00%
Silver •762 days	30.82	+1.16	+3.92%

Silver • 762 days	30.82	+1.16	+3.92%
Copper • 762 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	80.36	+1.00	+1.26%
Natural Gas • 11 mins	2.702	+0.020	+0.75%
Heating Oil • 11 mins	3.798	+0.028	+0.73%

Headlines

1,147 days Will The ECB Continue To Hike Rates?
1,147 days Forbes: Aramco Remains Largest Company In The Middle East
1,149 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,549 days Could Crypto Overtake Traditional Investment?
1,553 days Americans Still Quitting Jobs At Record Pace
1,555 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,559 days Is The Dollar Too Strong?
1,559 days Big Tech Disappoints Investors on Earnings Calls
1,560 days Fear And Celebration On Twitter as Musk Takes The Reins
1,561 days China Is Quietly Trying To Distance Itself From Russia
1,562 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,566 days Crypto Investors Won Big In 2021
1,566 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,567 days Food Prices Are Skyrocketing As Putin’s War Persists
1,569 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,569 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,573 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,574 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,574 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,576 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

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: Moving Lower

By - Jun 24, 2013, 5:59 AM CDT

EUR/USD continues to decline from its high at 1.3417. An hourly resistance is at 1.3159 (intraday high). Another resistance can be found at 1.3254. Supports lie at 1.3042 and 1.2942.

In the medium-term, the recent price action from 1.2746 (04/04/2013 low) is viewed as a corrective phase within a larger downtrend. The high at 1.3417 (19/06/2013 high) following Bernanke's comments is a significant top. Coupled with the short-term overbought conditions, a new bearish phase is likely underway. A minimum move towards the support at 1.2797 (17/05/2013 low) is expected.

Daily Technical Report