Commodity Prices

Gold •369 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,383.80	+10.50	+0.76%
WTI Crude •10 mins	67.53	-0.40	-0.59%
Gasoline •10 mins	2.149	-0.003	-0.14%
Ethanol •369 days	2.161	+0.000	+0.00%
Silver •369 days	30.82	+1.16	+3.92%

Silver • 369 days	30.82	+1.16	+3.92%
Copper • 369 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	69.30	-0.28	-0.40%
Natural Gas • 10 mins	3.383	-0.029	-0.85%
Heating Oil • 10 mins	2.401	-0.020	-0.84%

Headlines

754 days Will The ECB Continue To Hike Rates?
754 days Forbes: Aramco Remains Largest Company In The Middle East
756 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,156 days Could Crypto Overtake Traditional Investment?
1,160 days Americans Still Quitting Jobs At Record Pace
1,162 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,165 days Is The Dollar Too Strong?
1,166 days Big Tech Disappoints Investors on Earnings Calls
1,167 days Fear And Celebration On Twitter as Musk Takes The Reins
1,168 days China Is Quietly Trying To Distance Itself From Russia
1,169 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,173 days Crypto Investors Won Big In 2021
1,173 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,174 days Food Prices Are Skyrocketing As Putin’s War Persists
1,176 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,176 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,180 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,180 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,181 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,183 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…

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 - Consolidating

By - Sep 09, 2015, 5:58 AM CDT

EUR/USD is consolidating. Hourly resistance is given at 1.1332 (01/09/2015 high) and stronger resistance lies at 1.1714 (24/08/2015 high). Support can be found at 1.1017 (18/08/2015 low).

In the longer term, the symmetrical triangle from 2010-2014 favored 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). We have broken the resistance at 1.1534 (03/02/2015 reaction high). We are entering an upside momentum.

Daily Technical Report