Commodity Prices

Gold •20 mins	2,314.80	-31.60	-1.35%
Platinum •20 mins	917.10	-14.20	-1.52%
WTI Crude •11 mins	81.51	-0.39	-0.48%
Gasoline •11 mins	2.664	-0.021	-0.80%
Ethanol •14 hours	2.161	+0.000	+0.00%
Silver •20 mins	26.94	-0.31	-1.12%

Silver • 20 mins	26.94	-0.31	-1.12%
Copper • 20 mins	4.415	-0.062	-1.37%
Brent Crude • 10 mins	86.64	-0.36	-0.41%
Natural Gas • 11 mins	1.797	+0.006	+0.34%
Heating Oil • 12 mins	2.543	-0.018	-0.69%

Headlines

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

How Millennials Are Reshaping Real Estate

The real estate market is…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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 - Weak Bounce Thus Far

By - Sep 15, 2014, 5:49 AM CDT

EUR/USD is trying to bounce from its oversold decline. However, the hourly resistance at 1.2988 (05/09/2014 high) has held thus far. A break of the hourly support at 1.2860 would signal the resumption of the underlying downtrend. Another hourly resistance can be found at 1.3110 (02/09/2014 low).

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 1.3221 (28/08/2014 high).

Daily Technical Report