Commodity Prices

Gold •380 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,456.60	-15.50	-1.05%
WTI Crude •2 hours	67.34	-0.20	-0.30%
Gasoline •2 hours	2.153	-0.017	-0.78%
Ethanol •380 days	2.161	+0.000	+0.00%
Silver •380 days	30.82	+1.16	+3.92%

Silver • 380 days	30.82	+1.16	+3.92%
Copper • 380 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	69.28	-0.24	-0.35%
Natural Gas • 2 hours	3.565	+0.023	+0.65%
Heating Oil • 2 hours	2.453	-0.012	-0.47%

Headlines

764 days Will The ECB Continue To Hike Rates?
765 days Forbes: Aramco Remains Largest Company In The Middle East
766 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,166 days Could Crypto Overtake Traditional Investment?
1,171 days Americans Still Quitting Jobs At Record Pace
1,173 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,176 days Is The Dollar Too Strong?
1,176 days Big Tech Disappoints Investors on Earnings Calls
1,177 days Fear And Celebration On Twitter as Musk Takes The Reins
1,179 days China Is Quietly Trying To Distance Itself From Russia
1,179 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,183 days Crypto Investors Won Big In 2021
1,183 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,184 days Food Prices Are Skyrocketing As Putin’s War Persists
1,186 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,187 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,190 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,191 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,191 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,193 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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: Remains Weak

By - Jan 30, 2014, 5:59 AM CST

EUR/USD continues to post lower highs since its high at 1.3739. An hourly support area now stands between 1.3603 (29/01/2014 low) and 1.3583 (22/01/2014 high). Another support lies at 1.3508. Hourly resistances are at 1.3688 (28/01/2014 high) and 1.3739 (24/01/2014 high).

In the longer term, the recent false breakout near the key resistance area defined by 1.3811 (11/12/2013 high) and the long-term declining trendline (around 1.3890) suggest a limited upside potential. We favour a gradual corrective phase towards the 200 day moving average (around 1.3370).

Daily Technical Report