Commodity Prices

Gold •175 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	960.80	-4.00	-0.41%
WTI Crude •10 mins	70.40	+0.30	+0.43%
Gasoline •14 mins	1.964	+0.005	+0.28%
Ethanol •175 days	2.161	+0.000	+0.00%
Silver •175 days	30.82	+1.16	+3.92%

Silver • 175 days	30.82	+1.16	+3.92%
Copper • 175 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.86	+0.28	+0.38%
Natural Gas • 10 mins	3.894	-0.052	-1.32%
Heating Oil • 10 mins	2.238	+0.016	+0.72%

Headlines

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

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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/GBP - Sharp Reversal

By - Oct 16, 2015, 6:03 AM CDT

EUR/GBP keeps declining after breaking hourly resistance at 0.7442 (02/10/2015 high). Hourly resistance can be found at 0.7302 (25/09/2015 low). Expected increase of the pair.

In the long-term, prices are in an underlying declining trend. The general oversold conditions suggest a limited medium-term downside potential. A key resistance lies at 0.7592 (03/02/2015 high).

Daily Technical Report