Commodity Prices

Gold •399 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,364.40	+24.50	+1.83%
WTI Crude •10 mins	64.86	+0.51	+0.79%
Gasoline •11 mins	2.105	+0.014	+0.68%
Ethanol •399 days	2.161	+0.000	+0.00%
Silver •399 days	30.82	+1.16	+3.92%

Silver • 399 days	30.82	+1.16	+3.92%
Copper • 399 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.35	+0.46	+0.69%
Natural Gas • 10 mins	3.090	+0.013	+0.42%
Heating Oil • 10 mins	2.266	+0.003	+0.12%

Headlines

784 days Will The ECB Continue To Hike Rates?
784 days Forbes: Aramco Remains Largest Company In The Middle East
786 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,186 days Could Crypto Overtake Traditional Investment?
1,190 days Americans Still Quitting Jobs At Record Pace
1,192 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,195 days Is The Dollar Too Strong?
1,196 days Big Tech Disappoints Investors on Earnings Calls
1,197 days Fear And Celebration On Twitter as Musk Takes The Reins
1,198 days China Is Quietly Trying To Distance Itself From Russia
1,199 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,203 days Crypto Investors Won Big In 2021
1,203 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,204 days Food Prices Are Skyrocketing As Putin’s War Persists
1,206 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,206 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,210 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,210 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,211 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,213 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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 - Short Term Bearish

By - Oct 22, 2015, 5:56 AM CDT

EUR/USD is still in a mid-term bullish momentum. Hourly resistance for a short-term bounce is given at 1.1495 (15/10/2015 low). Nonetheless, on the short term the pair is heading downside. Other resistance can be found at 1.1561 (26/08/2015 low). Support lies at 1.1087 (03/09/2015 low). Expected consolidation before entering into an upside move.

Since March 2015, the pair is improving. Key supports can be found at 1.0458 (16/03/2015 low) and 1.0000 (psychological support). The technical structure favours an eventual break higher. Strong resistance is given at 1.1871(12/01/2015)

Daily Technical Report