Commodity Prices

Gold •625 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,970.50	+26.80	+1.38%
WTI Crude •12 hours	98.23	+2.68	+2.80%
Gasoline •12 hours	3.286	+0.159	+5.09%
Ethanol •625 days	2.161	+0.000	+0.00%
Silver •625 days	30.82	+1.16	+3.92%

Silver • 625 days	30.82	+1.16	+3.92%
Copper • 625 days	4.530	+0.111	+2.51%
Brent Crude • 11 hours	112.19	+3.54	+3.26%
Natural Gas • 12 hours	3.095	-0.071	-2.24%
Heating Oil • 12 hours	4.608	+0.266	+6.14%

Headlines

1,010 days Will The ECB Continue To Hike Rates?
1,010 days Forbes: Aramco Remains Largest Company In The Middle East
1,012 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,412 days Could Crypto Overtake Traditional Investment?
1,417 days Americans Still Quitting Jobs At Record Pace
1,418 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,422 days Is The Dollar Too Strong?
1,422 days Big Tech Disappoints Investors on Earnings Calls
1,423 days Fear And Celebration On Twitter as Musk Takes The Reins
1,424 days China Is Quietly Trying To Distance Itself From Russia
1,425 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,429 days Crypto Investors Won Big In 2021
1,429 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,430 days Food Prices Are Skyrocketing As Putin’s War Persists
1,432 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,432 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,436 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,437 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,437 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,439 days Are NFTs About To Take Over Gaming?

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

How Millennials Are Reshaping Real Estate

The real estate market is…

Trader Compares Current Market Environment To 2007

It’s a mistake to view…

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: Declining Towards Its Recent Lows

By - Mar 27, 2014, 4:50 AM CDT

EUR/USD has failed to confirm its move above the resistance at 1.3845 (20/03/2014 high). Prices are now declining towards the support at 1.3749. Another support stands at 1.3643. Resistances can be found at 1.3876 (see also the declining trendline) and 1.3948 (17/03/2014 high).

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