Commodity Prices

Gold •427 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,383.00	-72.10	-4.95%
WTI Crude •11 mins	63.45	-0.52	-0.81%
Gasoline •11 mins	2.023	+0.011	+0.55%
Ethanol •427 days	2.161	+0.000	+0.00%
Silver •427 days	30.82	+1.16	+3.92%

Silver • 427 days	30.82	+1.16	+3.92%
Copper • 427 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	66.99	-0.61	-0.90%
Natural Gas • 11 mins	3.120	+0.056	+1.83%
Heating Oil • 11 mins	2.324	-0.037	-1.58%

Headlines

812 days Will The ECB Continue To Hike Rates?
812 days Forbes: Aramco Remains Largest Company In The Middle East
814 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,214 days Could Crypto Overtake Traditional Investment?
1,219 days Americans Still Quitting Jobs At Record Pace
1,221 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,224 days Is The Dollar Too Strong?
1,224 days Big Tech Disappoints Investors on Earnings Calls
1,225 days Fear And Celebration On Twitter as Musk Takes The Reins
1,227 days China Is Quietly Trying To Distance Itself From Russia
1,227 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,231 days Crypto Investors Won Big In 2021
1,231 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,232 days Food Prices Are Skyrocketing As Putin’s War Persists
1,234 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,235 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,238 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,239 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,239 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,241 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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