Commodity Prices

Gold •292 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	964.00	-3.10	-0.32%
WTI Crude •14 mins	64.99	+1.91	+3.03%
Gasoline •10 mins	2.116	+0.051	+2.46%
Ethanol •292 days	2.161	+0.000	+0.00%
Silver •292 days	30.82	+1.16	+3.92%

Silver • 292 days	30.82	+1.16	+3.92%
Copper • 292 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.95	+1.69	+2.55%
Natural Gas • 10 mins	2.996	-0.020	-0.66%
Heating Oil • 10 mins	2.161	+0.052	+2.46%

Headlines

677 days Will The ECB Continue To Hike Rates?
677 days Forbes: Aramco Remains Largest Company In The Middle East
679 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,079 days Could Crypto Overtake Traditional Investment?
1,084 days Americans Still Quitting Jobs At Record Pace
1,086 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,089 days Is The Dollar Too Strong?
1,089 days Big Tech Disappoints Investors on Earnings Calls
1,090 days Fear And Celebration On Twitter as Musk Takes The Reins
1,092 days China Is Quietly Trying To Distance Itself From Russia
1,092 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,096 days Crypto Investors Won Big In 2021
1,096 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,097 days Food Prices Are Skyrocketing As Putin’s War Persists
1,099 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,100 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,103 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,104 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,104 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,106 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

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 - Deeper Setback from Recent Highs

By - May 05, 2015, 5:34 AM CDT

EUR/USD has declined sharply after reaching highs at 1.1224. Break of support at 1.1114 calls for a test of key support at 1.1043 (18/03/2015). A key resistance stands at 1.1150 (intraday high).

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. Key supports can be found at 1.0504 (21/03/2003 low) and 1.0000 (psychological support).

Daily Technical Report