Commodity Prices

Gold •315 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	976.20	-5.00	-0.51%
WTI Crude •10 mins	61.66	-1.49	-2.36%
Gasoline •11 mins	2.123	-0.047	-2.15%
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 • 10 mins	64.57	-1.52	-2.30%
Natural Gas • 12 mins	3.461	-0.031	-0.89%
Heating Oil • 10 mins	2.159	-0.047	-2.13%

Headlines

700 days Will The ECB Continue To Hike Rates?
700 days Forbes: Aramco Remains Largest Company In The Middle East
702 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,102 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?
1,112 days Big Tech Disappoints Investors on Earnings Calls
1,113 days Fear And Celebration On Twitter as Musk Takes The Reins
1,114 days China Is Quietly Trying To Distance Itself From Russia
1,115 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,118 days Crypto Investors Won Big In 2021
1,119 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,120 days Food Prices Are Skyrocketing As Putin’s War Persists
1,122 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?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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: Monitor Yesterday's Intraday Bearish Reversal

By - Feb 12, 2014, 5:23 AM CST

EUR/USD weakened yesterday close to the resistance at 1.3685 (50% retracement), making an intraday bearish reversal. A break of the hourly support at 1.3609 would negate the shortterm positive structure. Another hourly support lies at 1.3552. A key resistance stands at 1.3739.

In the longer term, we favour a broad horizontal range between 1.3296 (07/11/2014 low) and 1.3893 (27/12/2013 high) with a bearish bias. As a result, a gradual decline towards the low of this range is favoured. A first key support is given by the 200 day moving average (around 1.3396).

Daily Technical Report