Commodity Prices

Gold •15 mins	1,562.10	+5.40	+0.35%
Platinum •15 mins	1,007.50	-13.80	-1.35%
WTI Crude •15 mins	55.70	-1.04	-1.83%
Gasoline •15 mins	1.577	-0.016	-1.02%
Ethanol •2 hours	1.354	+0.011	+0.82%
Silver •15 mins	17.79	-0.04	-0.21%

Silver • 15 mins	17.79	-0.04	-0.21%
Copper • 15 mins	2.735	-0.030	-1.08%
Brent Crude • 12 mins	62.10	-1.11	-1.76%
Natural Gas • 15 mins	1.914	+0.014	+0.74%
Heating Oil • 15 mins	1.796	-0.009	-0.49%

Headlines

6 hours Promising Oil Companies To Watch In 2020
22 hours Could China's Coronavirus Outbreak Impact U.S. Stocks?
1 day Tesla Stock Continues To Soar
2 days What New Economic Data Reveals About Gold's Trajectory
3 days The Lucrative New Tech Hijacking Your Privacy
3 days The Biggest Loser In The China-U.S. Tariff Tit-For-Tat
4 days Trade War Takes Its Toll On Shipping
6 days Is $90 Oil Possible? An Interview With Jay Park
7 days Billions Of Dollars Are Flooding Into The Flying Taxi Space
7 days Is This The Most Important Energy Project Of 2020?
8 days Startups Are Dying To Give You A Better Death
8 days U.S. Restaurants Are Struggling With Rising Labor Costs
9 days The Banking Bonanza Is Just Getting Started
9 days How The Trade War Ceasefire Will Impact The Energy Industry
10 days Who Is The Most Dangerous Person On The Internet?
10 days SoftBank Sees First Quarterly Loss In 14 Years
12 days Prepare For An Oil Glut In 2020
13 days Why A Strong Yuan Is A Promising Sign For The Trade War
14 days What Would You Sacrifice For A Debt-Free Life?
14 days Shareholders Urge Major Bank To Stop Funding Fossil Fuel Companies

Is The Bull Market On Its Last Legs?

This aging bull market may…

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 - Challenging a Strong Support Area

By - Sep 25, 2014, 6:05 AM CDT

EUR/USD continues to decline and is now testing the strong support area between 1.2755 and 1.2662. The short-term momentum is negative as long as prices remain below the hourly resistance at 1.2901 (23/09/2014 high). An initial resistance can be found at 1.2816 (22/09/2014 low).

In the longer term, EUR/USD is in a succession of lower highs and lower lows since May 2014. The strong support area between 1.2755 (09/07/2013 low) and 1.2662 (13/11/2012 low) is challenged. An eventual break lower is expected. A resistance lies at 1.2995 (16/09/2014 high).

Daily Technical Report