Commodity Prices

Gold •171 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	936.40	+12.90	+1.40%
WTI Crude •1 day	69.46	+0.08	+0.12%
Gasoline •1 day	1.942	+0.019	+0.98%
Ethanol •171 days	2.161	+0.000	+0.00%
Silver •171 days	30.82	+1.16	+3.92%

Silver • 171 days	30.82	+1.16	+3.92%
Copper • 171 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	72.94	+0.06	+0.08%
Natural Gas • 1 day	3.748	+0.164	+4.58%
Heating Oil • 1 day	2.232	-0.006	-0.27%

Headlines

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

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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 - Heading Lower

By - Jun 29, 2015, 5:34 AM CDT

EUR/USD has broken the support at 1.1050 (05/06/2015 low). Hourly resistance lies at 1.1436 (18/06/2015 high). Stronger resistance is given at 1.1459 (15/05/2015 high). Hourly support lies at 1.0868 (28/05/2015 low). We expect the pair to stabilize below 1.1100.

In the longer term, the symmetrical triangle from 2010-2014 favors 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). Break to the upside would suggest a test of resistance at 1.1534 (03/02/2015 reaction high).

Daily Technical Report