Commodity Prices

Gold •10 mins	1,790.70	-20.50	-1.13%
Platinum •10 mins	970.80	+1.00	+0.10%
WTI Crude •10 hours	45.53	-0.18	-0.39%
Gasoline •10 hours	1.282	-0.006	-0.43%
Ethanol •10 hours	1.400	+0.030	+2.19%
Silver •10 mins	22.78	-0.67	-2.86%

Silver • 10 mins	22.78	-0.67	-2.86%
Copper • 10 mins	3.422	+0.092	+2.75%
Brent Crude • 7 hours	48.18	+0.38	+0.79%
Natural Gas • 10 hours	2.843	-0.118	-3.99%
Heating Oil • 10 hours	1.381	-0.006	-0.44%

Headlines

1 day The Gold Rally Has Finally Run Out Of Steam
1 day Citibank Analyst Predicts $300k Bitcoin By End Of 2021
4 days Bitcoin Lives Up To Its Safe Haven Status In A Big Way
4 days 14 Million People Will Lose Unemployment Benefits On December 31st
6 days Why 12 Million American Millionaires Isn’t Good News
7 days Big Oil Is Paying The Price For Investing In Renewables
8 days The Banking Industry’s $35 Billion Gravy Train Could Disappear
9 days Did Amazon Just Democratize Prescription Drugs?
11 days The Private Space Race Just Got Very Real
12 days Short Sellers Are Willing Big In This Turbulent Market
14 days SpaceX Gets Go-Ahead To Send Humans Into Space
14 days Saudi Arabia Lost $27 Billion In Oil Crash
15 days China’s Big Tech Takes A Hit As Regulators Crack Down
16 days Black Friday Could Be Retailers’ Only Hope
17 days Why You Should Not Dump Your Stay At Home Stocks Just Yet
18 days The Real Reason Why Uber And Lyft Stocks Have Soared Nearly 50%
20 days Bitcoin Heads Towards $16,000 And No One’s Cashing In
21 days Elon Musk’s $250 Tesla Tequila Is Already Sold Out
22 days Will The San Francisco Wealth Tax Spark An Exodus Of The Rich?
23 days The Fin-Tech IPO Of The Century Just Got Crushed

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…

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/USD - Challenging the Key Support at 1.0900

By - Nov 04, 2015, 5:41 AM CST

EUR/USD continues to decline, as can be seen by the break of the support at 1.0936 (03/11/2015 low) and 1.1006 (uptrend rising channel). Prices are now challenging the key support at 1.0900. Hourly resistance for a short term bounce is given at 1.1095 (28/10/2015 reaction high). Stronger resistance can be found at 1.1387 (20/10/2015 low).

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