Commodity Prices

Gold •144 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	975.10	+4.60	+0.47%
WTI Crude •1 day	71.24	+1.14	+1.63%
Gasoline •1 day	2.061	+0.002	+0.10%
Ethanol •144 days	2.161	+0.000	+0.00%
Silver •144 days	30.82	+1.16	+3.92%

Silver • 144 days	30.82	+1.16	+3.92%
Copper • 144 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	75.17	+0.94	+1.27%
Natural Gas • 1 day	3.129	-0.210	-6.29%
Heating Oil • 1 day	2.275	+0.001	+0.02%

Headlines

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

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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…

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