Commodity Prices

Gold •134 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	946.40	+2.40	+0.25%
WTI Crude •10 mins	68.04	-0.66	-0.96%
Gasoline •13 mins	1.962	-0.019	-0.97%
Ethanol •134 days	2.161	+0.000	+0.00%
Silver •134 days	30.82	+1.16	+3.92%

Silver • 134 days	30.82	+1.16	+3.92%
Copper • 134 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	71.87	-0.69	-0.95%
Natural Gas • 10 mins	2.732	-0.053	-1.90%
Heating Oil • 10 mins	2.194	-0.019	-0.84%

Headlines

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

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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: Challenging a Key Resistance Area

By - Mar 03, 2014, 5:04 AM CST

EUR/USD rose sharply on Friday. Prices are now challenging the key resistance area between 1.3832 (25/10/2013 high, see also the long-term declining trendline) and 1.3893. Hourly supports can be found at 1.3727 (27/02/2014 high) and 1.3694 (28/02/2014 low).

In the longer term, we favour a broad horizontal range between 1.3296 (07/11/2014 low) and 1.3893 (27/12/2013 high). However, monitor the potential ascending triangle formation. Another strong resistance lies at 1.4247 (27/10/2011 high).

Daily Technical Report