Commodity Prices

Gold •403 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,326.00	-13.60	-1.02%
WTI Crude •10 mins	63.20	-0.68	-1.06%
Gasoline •10 mins	2.063	-0.023	-1.12%
Ethanol •403 days	2.161	+0.000	+0.00%
Silver •403 days	30.82	+1.16	+3.92%

Silver • 403 days	30.82	+1.16	+3.92%
Copper • 403 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.98	-0.61	-0.92%
Natural Gas • 10 mins	2.906	-0.084	-2.81%
Heating Oil • 10 mins	2.249	-0.030	-1.33%

Headlines

788 days Will The ECB Continue To Hike Rates?
788 days Forbes: Aramco Remains Largest Company In The Middle East
790 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,190 days Could Crypto Overtake Traditional Investment?
1,194 days Americans Still Quitting Jobs At Record Pace
1,196 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,199 days Is The Dollar Too Strong?
1,200 days Big Tech Disappoints Investors on Earnings Calls
1,201 days Fear And Celebration On Twitter as Musk Takes The Reins
1,202 days China Is Quietly Trying To Distance Itself From Russia
1,203 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,207 days Crypto Investors Won Big In 2021
1,207 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,208 days Food Prices Are Skyrocketing As Putin’s War Persists
1,210 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,210 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,214 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,214 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,215 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,217 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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: Making Fresh New Lows

By - Mar 09, 2015, 1:43 PM CDT

Making fresh new new lows. EUR/USD has broken the support at 1.1098, confirming an underlying bearish trend. Hourly resistances can now be found at 1.1033 (06/03/2015 high) and 1.1245 (27/02/2015 high).

In the longer term, the symmetrical triangle favours further weakness towards parity. As a result, any strength is likely to be temporary in nature. Key resistances stand at 1.1534 (03/02/2015 high) and 1.1679 (21/01/2015 high). Key supports can be found at 1.1000 (psychological support) and 1.0765 (03/09/2003 low).

Daily Technical Report