Commodity Prices

Gold •815 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,797.70	+32.00	+1.81%
WTI Crude •1 day	92.41	-2.20	-2.33%
Gasoline •1 day	3.393	-0.171	-4.80%
Ethanol •815 days	2.161	+0.000	+0.00%
Silver •815 days	30.82	+1.16	+3.92%

Silver • 815 days	30.82	+1.16	+3.92%
Copper • 815 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	104.32	-2.28	-2.14%
Natural Gas • 1 day	3.196	-0.101	-3.06%
Heating Oil • 1 day	4.685	-0.046	-0.96%

Headlines

1,200 days Will The ECB Continue To Hike Rates?
1,200 days Forbes: Aramco Remains Largest Company In The Middle East
1,202 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,602 days Could Crypto Overtake Traditional Investment?
1,607 days Americans Still Quitting Jobs At Record Pace
1,609 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,612 days Is The Dollar Too Strong?
1,612 days Big Tech Disappoints Investors on Earnings Calls
1,613 days Fear And Celebration On Twitter as Musk Takes The Reins
1,615 days China Is Quietly Trying To Distance Itself From Russia
1,615 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,619 days Crypto Investors Won Big In 2021
1,619 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,620 days Food Prices Are Skyrocketing As Putin’s War Persists
1,622 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,623 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,626 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,627 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,627 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,629 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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 - Trying to Bounce

By - Jan 19, 2015, 2:18 PM CST

EUR/USD has broken the key support at 1.1640 and has moved below the psychological support at 1.1500. As a result, the recent strength is seen as a temporary rebound. Hourly resistances can be found at 1.1649 and 1.1747 (intraday high). An hourly support now lies at 1.1460.

In the longer term, the break of the strong support area between 1.2043 (24/07/2012 low) and 1.1877 (07/06/2010 low) confirms the underlying bearish trend. The long-term symmetrical triangle favours further significant weakness. Key supports can be found at 1.1000 (psychological support) and 1.0765 (03/09/2003 low), whereas a key resistance stands at 1.2252 (25/12/2014 high).

Daily Technical Report