Commodity Prices

Gold •659 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,983.90	-54.50	-2.67%
WTI Crude •11 mins	97.14	+1.29	+1.35%
Gasoline •15 mins	3.475	+0.013	+0.36%
Ethanol •659 days	2.161	+0.000	+0.00%
Silver •659 days	30.82	+1.16	+3.92%

Silver • 659 days	30.82	+1.16	+3.92%
Copper • 659 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	106.75	+1.68	+1.60%
Natural Gas • 11 mins	2.575	-0.039	-1.49%
Heating Oil • 21 mins	4.102	+0.114	+2.85%

Headlines

1,044 days Will The ECB Continue To Hike Rates?
1,044 days Forbes: Aramco Remains Largest Company In The Middle East
1,046 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,446 days Could Crypto Overtake Traditional Investment?
1,450 days Americans Still Quitting Jobs At Record Pace
1,452 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,456 days Is The Dollar Too Strong?
1,456 days Big Tech Disappoints Investors on Earnings Calls
1,457 days Fear And Celebration On Twitter as Musk Takes The Reins
1,458 days China Is Quietly Trying To Distance Itself From Russia
1,459 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,463 days Crypto Investors Won Big In 2021
1,463 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,464 days Food Prices Are Skyrocketing As Putin’s War Persists
1,466 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,466 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,470 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,471 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,471 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,473 days Are NFTs About To Take Over Gaming?

How Millennials Are Reshaping Real Estate

The real estate market is…

Is The Bull Market On Its Last Legs?

This aging bull market may…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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: Significant Deterioration in The Technical Structure

By - Mar 21, 2014, 5:49 AM CDT

EUR/USD has broken the support implied by its rising channel, invalidating the uptrend in place since February. The short-term technical structure is negative as long as prices remain below the resistance at 1.3845 (20/03/2014 high). Supports can be found at 1.3708 (05/03/2014 low) and 1.3643.

In the medium-term, the break of the support at 1.3834 (11/03/2014 low, see also the rising channel) coupled with general overbought conditions favour a move lower towards the support at 1.3643. The recent high at 1.3967 is likely to act as a strong resistance.

Daily Technical Report