Commodity Prices

Gold •712 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,761.10	-11.70	-0.66%
WTI Crude •11 mins	80.65	-0.10	-0.12%
Gasoline •11 mins	2.953	+0.006	+0.20%
Ethanol •712 days	2.161	+0.000	+0.00%
Silver •712 days	30.82	+1.16	+3.92%

Silver • 712 days	30.82	+1.16	+3.92%
Copper • 712 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	82.95	-0.22	-0.26%
Natural Gas • 11 mins	3.150	+0.003	+0.10%
Heating Oil • 23 mins	3.248	-0.018	-0.56%

Headlines

1,097 days Will The ECB Continue To Hike Rates?
1,097 days Forbes: Aramco Remains Largest Company In The Middle East
1,099 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,498 days Could Crypto Overtake Traditional Investment?
1,503 days Americans Still Quitting Jobs At Record Pace
1,505 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,508 days Is The Dollar Too Strong?
1,508 days Big Tech Disappoints Investors on Earnings Calls
1,509 days Fear And Celebration On Twitter as Musk Takes The Reins
1,511 days China Is Quietly Trying To Distance Itself From Russia
1,511 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,515 days Crypto Investors Won Big In 2021
1,516 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,516 days Food Prices Are Skyrocketing As Putin’s War Persists
1,519 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,519 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,522 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,523 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,523 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,525 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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 - Ready To Set Two Year-Highs

By - Apr 06, 2016, 5:47 AM CDT

EUR/GBP has broken the uptrend channel and is now lying around 0.8000. Hourly support lies at 0.7830 (29/03/2016 low). Stronger support can be found at 0.7525 (22/01/2016 low). The technical structure suggests that the pair should show continued increase.

In the long-term, the technical structure suggests a growing upside momentum. The pair is trading well above its 200 DMA. Strong resistance can be found at 0.8066 (10/09/2014 high).

Daily Technical Report