Commodity Prices

Gold •440 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,386.80	-15.70	-1.12%
WTI Crude •11 mins	64.10	-0.42	-0.65%
Gasoline •12 mins	2.033	-0.009	-0.45%
Ethanol •440 days	2.161	+0.000	+0.00%
Silver •440 days	30.82	+1.16	+3.92%

Silver • 440 days	30.82	+1.16	+3.92%
Copper • 440 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	68.02	-0.45	-0.66%
Natural Gas • 11 mins	3.101	-0.002	-0.06%
Heating Oil • 12 mins	2.376	-0.018	-0.73%

Headlines

825 days Will The ECB Continue To Hike Rates?
825 days Forbes: Aramco Remains Largest Company In The Middle East
827 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,227 days Could Crypto Overtake Traditional Investment?
1,231 days Americans Still Quitting Jobs At Record Pace
1,233 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,237 days Is The Dollar Too Strong?
1,237 days Big Tech Disappoints Investors on Earnings Calls
1,238 days Fear And Celebration On Twitter as Musk Takes The Reins
1,239 days China Is Quietly Trying To Distance Itself From Russia
1,240 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,244 days Crypto Investors Won Big In 2021
1,244 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,245 days Food Prices Are Skyrocketing As Putin’s War Persists
1,247 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,247 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,251 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,252 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,252 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,254 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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: False Bullish Breakout at 1.3893?

By - Mar 14, 2014, 5:32 AM CDT

EUR/USD completely reversed yesterday's strength, warning of a potential false breakout of the strong resistance at 1.3893. However, the short-term technical configuration remains positive as long as the support at 1.3834 (11/03/2014 low) holds. Another support is given by the rising channel (around 1.3761). A resistance can now be found at 1.3967 (13/03/2014 high).

In the medium-term, the ascending triangle formation favours a further upside potential towards 1.4368. A key resistance lies at 1.4247 (27/10/2011 high), whereas a key support is at 1.3643 (27/02/2014 low).

Daily Technical Report