Commodity Prices

Gold •14 mins	1,979.50	-2.00	-0.10%
Platinum •14 mins	1,042.80	+4.10	+0.39%
WTI Crude •10 mins	71.43	-0.31	-0.43%
Gasoline •16 mins	2.540	-0.025	-0.97%
Ethanol •6 hours	2.161	+0.000	+0.00%
Silver •14 mins	23.62	-0.05	-0.21%

Silver • 14 mins	23.62	-0.05	-0.21%
Copper • 14 mins	3.762	-0.007	-0.19%
Brent Crude • 10 mins	75.95	-0.34	-0.45%
Natural Gas • 12 mins	2.260	-0.002	-0.09%
Heating Oil • 16 mins	2.355	-0.013	-0.55%

Headlines

393 days Could Crypto Overtake Traditional Investment?
398 days Americans Still Quitting Jobs At Record Pace
400 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
403 days Is The Dollar Too Strong?
403 days Big Tech Disappoints Investors on Earnings Calls
404 days Fear And Celebration On Twitter as Musk Takes The Reins
406 days China Is Quietly Trying To Distance Itself From Russia
406 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
410 days Crypto Investors Won Big In 2021
410 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
411 days Food Prices Are Skyrocketing As Putin’s War Persists
414 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
414 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
417 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
418 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
418 days Two ETFs That Could Hedge Against Extreme Market Volatility
420 days Are NFTs About To Take Over Gaming?
421 days Europe’s Economy Is On The Brink As Putin’s War Escalates
424 days What’s Causing Inflation In The United States?
425 days Intel Joins Russian Exodus as Chip Shortage Digs In

The Problem With Modern Monetary Theory

Modern monetary theory has been…

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…

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 - Sharp Reversal

By - Dec 04, 2015, 5:48 AM CST

EUR/USD has spiked below 1.1000 and has erased the downtrend channel. Hourly support lies at 1.0566 (intraday low). Hourly resistance can be found at 1.1096 (28/10/2015 high). Expected to show further consolidation.

In the longer term, the technical structure favours a bearish bias as long as resistance holds. Key resistance is located region at 1.1453 (range high) and 1.1640 (11/11/2005 low) is likely to cap any price appreciation. The current technical deteriorations favours a gradual decline towards the support at 1.0504 (21/03/2003 low).

Daily Technical Report