Commodity Prices

Gold •666 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,989.80	+89.20	+4.69%
WTI Crude •11 mins	105.17	-1.71	-1.60%
Gasoline •47 mins	3.818	+0.077	+2.06%
Ethanol •666 days	2.161	+0.000	+0.00%
Silver •666 days	30.82	+1.16	+3.92%

Silver • 666 days	30.82	+1.16	+3.92%
Copper • 666 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	110.77	+0.33	+0.30%
Natural Gas • 11 mins	2.765	+0.118	+4.46%
Heating Oil • 48 mins	4.154	-0.044	-1.06%

Headlines

1,050 days Will The ECB Continue To Hike Rates?
1,050 days Forbes: Aramco Remains Largest Company In The Middle East
1,052 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,452 days Could Crypto Overtake Traditional Investment?
1,457 days Americans Still Quitting Jobs At Record Pace
1,459 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,462 days Is The Dollar Too Strong?
1,462 days Big Tech Disappoints Investors on Earnings Calls
1,463 days Fear And Celebration On Twitter as Musk Takes The Reins
1,465 days China Is Quietly Trying To Distance Itself From Russia
1,465 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,469 days Crypto Investors Won Big In 2021
1,469 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,470 days Food Prices Are Skyrocketing As Putin’s War Persists
1,472 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,473 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,476 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,477 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,477 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,479 days Are NFTs About To Take Over Gaming?

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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: Clears Resistance at 1.3820

By - Apr 10, 2014, 5:29 AM CDT

EUR/USD has further improved, breaking out of its short-term declining channel and pushing above near term resistance. Monitor the resistance at 1.3820 (see also 50% retracement). Hourly supports now lie at 1.3820 (old resistance) and 1.3673. Another resistance can be found at 1.3876.

In the longer term, EUR/USD is still in a succession of higher highs and higher lows, suggesting additional upside can be anticipated. A significant resistance now lies at 1.3876 (24/03/2014 high).

Daily Technical Report