Commodity Prices

Gold •780 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,895.70	+56.60	+3.08%
WTI Crude •1 day	87.06	+0.23	+0.26%
Gasoline •1 day	3.348	+0.085	+2.61%
Ethanol •780 days	2.161	+0.000	+0.00%
Silver •780 days	30.82	+1.16	+3.92%

Silver • 780 days	30.82	+1.16	+3.92%
Copper • 780 days	4.530	+0.111	+2.51%
Brent Crude • 23 hours	94.39	+0.61	+0.65%
Natural Gas • 1 day	2.773	+0.040	+1.46%
Heating Oil • 1 day	4.495	+0.015	+0.32%

Headlines

1,164 days Will The ECB Continue To Hike Rates?
1,165 days Forbes: Aramco Remains Largest Company In The Middle East
1,166 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,566 days Could Crypto Overtake Traditional Investment?
1,571 days Americans Still Quitting Jobs At Record Pace
1,573 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,576 days Is The Dollar Too Strong?
1,576 days Big Tech Disappoints Investors on Earnings Calls
1,577 days Fear And Celebration On Twitter as Musk Takes The Reins
1,579 days China Is Quietly Trying To Distance Itself From Russia
1,579 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,583 days Crypto Investors Won Big In 2021
1,583 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,584 days Food Prices Are Skyrocketing As Putin’s War Persists
1,586 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,587 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,590 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,591 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,591 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,593 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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