Commodity Prices

Gold •273 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	986.50	-8.70	-0.87%
WTI Crude •10 mins	69.98	-1.73	-2.41%
Gasoline •10 mins	2.249	-0.082	-3.53%
Ethanol •273 days	2.161	+0.000	+0.00%
Silver •273 days	30.82	+1.16	+3.92%

Silver • 273 days	30.82	+1.16	+3.92%
Copper • 273 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.26	-1.69	-2.25%
Natural Gas • 10 mins	4.001	-0.054	-1.33%
Heating Oil • 10 mins	2.252	-0.070	-3.03%

Headlines

658 days Will The ECB Continue To Hike Rates?
658 days Forbes: Aramco Remains Largest Company In The Middle East
660 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,060 days Could Crypto Overtake Traditional Investment?
1,064 days Americans Still Quitting Jobs At Record Pace
1,066 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,069 days Is The Dollar Too Strong?
1,070 days Big Tech Disappoints Investors on Earnings Calls
1,071 days Fear And Celebration On Twitter as Musk Takes The Reins
1,072 days China Is Quietly Trying To Distance Itself From Russia
1,073 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,076 days Crypto Investors Won Big In 2021
1,077 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,077 days Food Prices Are Skyrocketing As Putin’s War Persists
1,080 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,080 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,083 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,084 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,084 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,086 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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: Grinding Higher

By - Jun 25, 2014, 5:31 AM CDT

EUR/USD is grinding higher within the horizontal range between 1.3503 and 1.3677. An hourly support lies at 1.3565 (20/06/2014 low, see also the 61.8% retracement). An hourly resistance can be found at 1.3644 (19/06/2014 high).

In the longer term, the break of the long-term rising wedge (see also the support at 1.3673) indicates a clear deterioration of the technical structure. The long-term downside risk implied by the double-top formation is 1.3379. Key supports can be found at 1.3477 (03/02/2014 low) and 1.3296 (07/11/2013 low).

Daily Technical Report