Commodity Prices

Gold •360 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,351.90	-63.10	-4.46%
WTI Crude •1 day	65.52	+0.28	+0.43%
Gasoline •1 day	2.090	-0.009	-0.44%
Ethanol •360 days	2.161	+0.000	+0.00%
Silver •360 days	30.82	+1.16	+3.92%

Silver • 360 days	30.82	+1.16	+3.92%
Copper • 360 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	67.77	+0.04	+0.06%
Natural Gas • 1 day	3.739	+0.213	+6.04%
Heating Oil • 1 day	2.307	-0.053	-2.24%

Headlines

745 days Will The ECB Continue To Hike Rates?
745 days Forbes: Aramco Remains Largest Company In The Middle East
747 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,147 days Could Crypto Overtake Traditional Investment?
1,152 days Americans Still Quitting Jobs At Record Pace
1,154 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,157 days Is The Dollar Too Strong?
1,157 days Big Tech Disappoints Investors on Earnings Calls
1,158 days Fear And Celebration On Twitter as Musk Takes The Reins
1,160 days China Is Quietly Trying To Distance Itself From Russia
1,160 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,164 days Crypto Investors Won Big In 2021
1,164 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,165 days Food Prices Are Skyrocketing As Putin’s War Persists
1,167 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,168 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,171 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,172 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,172 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,174 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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