Commodity Prices

Gold •364 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,422.40	-11.10	-0.77%
WTI Crude •10 mins	66.95	-0.50	-0.74%
Gasoline •13 mins	2.110	-0.013	-0.63%
Ethanol •364 days	2.161	+0.000	+0.00%
Silver •364 days	30.82	+1.16	+3.92%

Silver • 364 days	30.82	+1.16	+3.92%
Copper • 364 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.58	-0.53	-0.77%
Natural Gas • 10 mins	3.500	+0.012	+0.34%
Heating Oil • 11 mins	2.403	-0.009	-0.38%

Headlines

749 days Will The ECB Continue To Hike Rates?
749 days Forbes: Aramco Remains Largest Company In The Middle East
751 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,150 days Could Crypto Overtake Traditional Investment?
1,155 days Americans Still Quitting Jobs At Record Pace
1,157 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,160 days Is The Dollar Too Strong?
1,160 days Big Tech Disappoints Investors on Earnings Calls
1,161 days Fear And Celebration On Twitter as Musk Takes The Reins
1,163 days China Is Quietly Trying To Distance Itself From Russia
1,163 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,167 days Crypto Investors Won Big In 2021
1,167 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,168 days Food Prices Are Skyrocketing As Putin’s War Persists
1,171 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,171 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,174 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,175 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,175 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,177 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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 - Opening The Way for a Decline Towards its October Lows

By - Oct 30, 2014, 5:25 AM CDT

EUR/USD declined sharply yesterday. The break of the support at 1.2614 calls for a test of the recent lows at 1.2501. An hourly resistance now lies at 1.2639 (intraday high).

In the longer term, EUR/USD is in a downtrend since May 2014. The break of the strong support area between 1.2755 (09/07/2013 low) and 1.2662 (13/11/2012 low) has opened the way for a decline towards the strong support at 1.2043 (24/07/2012 low). As a result, the recent strength in EUR/USD is seen as a countertrend move. A key resistance stands at 1.2995 (16/09/2014 high).

Daily Technical Report