Commodity Prices

Gold •607 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,327.30	+12.40	+0.54%
WTI Crude •11 mins	70.81	-0.42	-0.59%
Gasoline •11 mins	2.384	+0.013	+0.55%
Ethanol •607 days	2.161	+0.000	+0.00%
Silver •607 days	30.82	+1.16	+3.92%

Silver • 607 days	30.82	+1.16	+3.92%
Copper • 607 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	77.74	+4.87	+6.68%
Natural Gas • 11 mins	2.982	+0.022	+0.74%
Heating Oil • 11 mins	2.926	+0.026	+0.90%

Headlines

991 days Will The ECB Continue To Hike Rates?
992 days Forbes: Aramco Remains Largest Company In The Middle East
993 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,393 days Could Crypto Overtake Traditional Investment?
1,398 days Americans Still Quitting Jobs At Record Pace
1,400 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,403 days Is The Dollar Too Strong?
1,403 days Big Tech Disappoints Investors on Earnings Calls
1,404 days Fear And Celebration On Twitter as Musk Takes The Reins
1,406 days China Is Quietly Trying To Distance Itself From Russia
1,406 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,410 days Crypto Investors Won Big In 2021
1,410 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,411 days Food Prices Are Skyrocketing As Putin’s War Persists
1,413 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,414 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,417 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,418 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,418 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,420 days Are NFTs About To Take Over Gaming?

Tesla Struggles To Compete In European Market

Tesla continues to catch the…

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…

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 - Making 2 Year Lows

By - Oct 01, 2014, 6:51 AM CDT

EUR/USD has broken the strong support area between 1.2755 and 1.2662, confirming persistent strong selling pressures. Hourly resistances can now be found at 1.2664 (29/09/2014 low) and 1.2715 (29/09/2014 high).

In the longer term, EUR/USD is in a succession of lower highs and lower lows since May 2014. The break of the strong support area between 1.2755 (09/07/2013 low) and 1.2662 (13/11/2012 low) opens the way for a decline towards the strong support at 1.2043 (24/07/2012 low). Intermediate supports are given by 1.2500 (psychological support) and 1.2466 (28/08/2012 low).

Daily Technical Report