Commodity Prices

Gold •390 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,419.40	-0.40	-0.03%
WTI Crude •10 mins	66.72	+0.01	+0.01%
Gasoline •50 mins	2.136	+0.001	+0.06%
Ethanol •390 days	2.161	+0.000	+0.00%
Silver •390 days	30.82	+1.16	+3.92%

Silver • 390 days	30.82	+1.16	+3.92%
Copper • 390 days	4.530	+0.111	+2.51%
Brent Crude • 12 mins	70.08	+0.04	+0.06%
Natural Gas • 15 mins	3.045	+0.057	+1.91%
Heating Oil • 2 hours	2.409	-0.018	-0.75%

Headlines

775 days Will The ECB Continue To Hike Rates?
775 days Forbes: Aramco Remains Largest Company In The Middle East
777 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,177 days Could Crypto Overtake Traditional Investment?
1,181 days Americans Still Quitting Jobs At Record Pace
1,183 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,186 days Is The Dollar Too Strong?
1,187 days Big Tech Disappoints Investors on Earnings Calls
1,188 days Fear And Celebration On Twitter as Musk Takes The Reins
1,189 days China Is Quietly Trying To Distance Itself From Russia
1,190 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,194 days Crypto Investors Won Big In 2021
1,194 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,195 days Food Prices Are Skyrocketing As Putin’s War Persists
1,197 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,197 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,201 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,201 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,201 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,204 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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 - Challenging Support at 1.0819

By - Jul 20, 2015, 5:05 AM CDT

EUR/USD is decreasing toward support 1.0819 (27/05/2015 low). Hourly resistance lies at 1.1278 (29/06/2015 high). Stronger resistance lies at 1.1436 (18/06/2015 high).

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