Commodity Prices

Gold •336 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,102.30	+12.30	+1.13%
WTI Crude •10 mins	63.11	+0.26	+0.41%
Gasoline •10 mins	2.050	+0.016	+0.77%
Ethanol •336 days	2.161	+0.000	+0.00%
Silver •336 days	30.82	+1.16	+3.92%

Silver • 336 days	30.82	+1.16	+3.92%
Copper • 336 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.18	+0.32	+0.49%
Natural Gas • 10 mins	3.699	-0.017	-0.46%
Heating Oil • 10 mins	2.078	+0.008	+0.36%

Headlines

721 days Will The ECB Continue To Hike Rates?
721 days Forbes: Aramco Remains Largest Company In The Middle East
723 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,123 days Could Crypto Overtake Traditional Investment?
1,127 days Americans Still Quitting Jobs At Record Pace
1,129 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,132 days Is The Dollar Too Strong?
1,133 days Big Tech Disappoints Investors on Earnings Calls
1,134 days Fear And Celebration On Twitter as Musk Takes The Reins
1,135 days China Is Quietly Trying To Distance Itself From Russia
1,136 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,140 days Crypto Investors Won Big In 2021
1,140 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,141 days Food Prices Are Skyrocketing As Putin’s War Persists
1,143 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,143 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,147 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,147 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,148 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,150 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Is The Bull Market On Its Last Legs?

This aging bull market may…

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

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 - EUR/USD Hit Hard by ECB

By - Sep 05, 2014, 4:58 AM CDT

EUR/USD has crushed its key support at 1.3105 (06/09/2013 low) following the ECB's decisions. Hourly resistances for a short-term bounce can be found at 1.3000 (psychological threshold) and 1.3110 (02/09/2014 high).

In the longer term, EUR/USD is in a succession of lower highs and lower lows since May 2014. The break of the key support at 1.3105 (06/09/2013 low) opens the way for a decline towards the strong support area between 1.2755 (09/07/2013 low) and 1.2662 (13/11/2012 low). A key resistance lies at 1.3297 (22/08/2014 high).

Daily Technical Report