Commodity Prices

Gold •633 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,887.10	+29.80	+1.60%
WTI Crude •21 hours	99.64	+5.16	+5.46%
Gasoline •21 hours	3.250	+0.120	+3.83%
Ethanol •633 days	2.161	+0.000	+0.00%
Silver •633 days	30.82	+1.16	+3.92%

Silver • 633 days	30.82	+1.16	+3.92%
Copper • 633 days	4.530	+0.111	+2.51%
Brent Crude • 20 hours	112.57	+4.56	+4.22%
Natural Gas • 21 hours	3.095	+0.096	+3.20%
Heating Oil • 21 hours	4.496	+0.222	+5.20%

Headlines

1,017 days Will The ECB Continue To Hike Rates?
1,017 days Forbes: Aramco Remains Largest Company In The Middle East
1,019 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,419 days Could Crypto Overtake Traditional Investment?
1,424 days Americans Still Quitting Jobs At Record Pace
1,426 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,429 days Is The Dollar Too Strong?
1,429 days Big Tech Disappoints Investors on Earnings Calls
1,430 days Fear And Celebration On Twitter as Musk Takes The Reins
1,432 days China Is Quietly Trying To Distance Itself From Russia
1,432 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,436 days Crypto Investors Won Big In 2021
1,436 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,437 days Food Prices Are Skyrocketing As Putin’s War Persists
1,439 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,440 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,443 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,444 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,444 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,446 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Trade In Counterfeit Goods Hits Half A Trillion Dollars

The counterfeit market has breached…

How Millennials Are Reshaping Real Estate

The real estate market is…

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: Bouncing After Friday's Unemployment Data

By - Sep 09, 2013, 7:06 AM CDT

EUR/USD bounced Friday after the release of unimpressive unemployment data. However, the recent break of the key support at 1.3190 favours a bearish stance as long as the prices remain below the resistance at 1.3255. Supports stand at 1.3105 (06/09/2013 low, see also 50% retracement) and 1.3067 (18/07/2013 low).

A potential medium-term top has been made at 1.3452. The break of the support at 1.3190 favours a medium-term bearish stance. However, we would thus far not expect a medium-term downside risk lower than the strong support area between 1.2746 (04/04/2013 low) and 1.2662 (13/11/2012 low).

Daily Technical Report