Commodity Prices

Gold •307 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	986.60	-5.50	-0.55%
WTI Crude •10 mins	58.45	-0.64	-1.08%
Gasoline •10 mins	2.027	-0.038	-1.83%
Ethanol •307 days	2.161	+0.000	+0.00%
Silver •307 days	30.82	+1.16	+3.92%

Silver • 307 days	30.82	+1.16	+3.92%
Copper • 307 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	61.42	-0.73	-1.17%
Natural Gas • 10 mins	3.619	+0.156	+4.50%
Heating Oil • 10 mins	1.984	-0.025	-1.24%

Headlines

692 days Will The ECB Continue To Hike Rates?
692 days Forbes: Aramco Remains Largest Company In The Middle East
694 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,094 days Could Crypto Overtake Traditional Investment?
1,099 days Americans Still Quitting Jobs At Record Pace
1,101 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,104 days Is The Dollar Too Strong?
1,104 days Big Tech Disappoints Investors on Earnings Calls
1,105 days Fear And Celebration On Twitter as Musk Takes The Reins
1,107 days China Is Quietly Trying To Distance Itself From Russia
1,107 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,111 days Crypto Investors Won Big In 2021
1,111 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,112 days Food Prices Are Skyrocketing As Putin’s War Persists
1,114 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,115 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,118 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,119 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,119 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,121 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Trader Compares Current Market Environment To 2007

It’s a mistake to view…

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 - Next Target 1.1043

By - Apr 29, 2015, 5:38 AM CDT

EUR/USD is preparing to challenge consolidation phase. The break of resistance at 1.0927 (27/04/2015 high) indicates an improving short-term technical configuration. A key resistance stands at 1.1043. Hourly supports can be found at 1.0963 and 1.0862.

In the longer term, the symmetrical triangle from 2010-2014 favours further weakness towards parity. As a result, we view the recent sideways moves as a pause in an underlying declining trend. A strong resistance stands at 1.1114 (05/03/2015 low). Key supports can be found at 1.0504 (21/03/2003 low) and 1.0000 (psychological support).

Daily Technical Report