Commodity Prices

Gold •315 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	980.60	-0.60	-0.06%
WTI Crude •10 mins	61.95	-1.20	-1.90%
Gasoline •12 mins	2.136	-0.034	-1.56%
Ethanol •315 days	2.161	+0.000	+0.00%
Silver •315 days	30.82	+1.16	+3.92%

Silver • 315 days	30.82	+1.16	+3.92%
Copper • 315 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	66.09	-0.54	-0.81%
Natural Gas • 11 mins	3.464	-0.028	-0.80%
Heating Oil • 10 mins	2.166	-0.040	-1.82%

Headlines

699 days Will The ECB Continue To Hike Rates?
700 days Forbes: Aramco Remains Largest Company In The Middle East
701 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,101 days Could Crypto Overtake Traditional Investment?
1,106 days Americans Still Quitting Jobs At Record Pace
1,108 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,111 days Is The Dollar Too Strong?
1,111 days Big Tech Disappoints Investors on Earnings Calls
1,112 days Fear And Celebration On Twitter as Musk Takes The Reins
1,114 days China Is Quietly Trying To Distance Itself From Russia
1,114 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,118 days Crypto Investors Won Big In 2021
1,118 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,119 days Food Prices Are Skyrocketing As Putin’s War Persists
1,121 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,122 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,125 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,126 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,126 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,128 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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: Making New Lows

By - Jul 03, 2013, 5:12 AM CDT

EUR/USD still exhibits a succession of lower highs. The recent new lows below the support at 1.2985 invalidate a potential base formation. Supports are now at 1.2942 and 1.2838. Hourly resistances can be found at 1.3038 (intraday high, see also the declining trendline) and 1.3103.

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. A minimum medium-term move towards the support at 1.2797 (17/05/2013 low) is expected.

Daily Technical Report