Commodity Prices

Gold •10 mins	1,338.30	-10.50	-0.78%
Platinum •10 mins	931.80	-8.30	-0.88%
WTI Crude •9 hours	68.40	+0.07	+0.10%
Gasoline •9 hours	2.100	+0.017	+0.81%
Ethanol •11 hours	1.499	-0.009	-0.60%
Silver •10 mins	17.16	-0.08	-0.44%

Silver • 10 mins	17.16	-0.08	-0.44%
Copper • 10 mins	3.135	+0.003	+0.10%
Brent Crude • 8 hours	74.06	+0.28	+0.38%
Natural Gas • 9 hours	2.767	+0.072	+2.67%
Heating Oil • 9 hours	2.115	+0.011	+0.52%

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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…

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EUR/USD: Rises To Test Weekly Resistance

By - Dec 30, 2013, 5:52 AM CST

EUR/USD peaked at 1.3893 last Friday, just shy of a multi-month falling trend line. Scope is now seen for a further swing higher to retest this key area of resistance once again where supply is anticipated. Failure to be contained near the 1.3900 region will next open up a return towards 1.4247 (27/10/2011 high).

Overbought conditions and other nearby resistances such as the psychological threshold at 1.4000, may help to contain the upside longer term.

Daily Technical Report