Commodity Prices

Gold •538 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	2,318.10	+30.70	+1.34%
WTI Crude •11 mins	58.51	+0.13	+0.22%
Gasoline •18 mins	1.746	+0.003	+0.17%
Ethanol •538 days	2.161	+0.000	+0.00%
Silver •538 days	30.82	+1.16	+3.92%

Silver • 538 days	30.82	+1.16	+3.92%
Copper • 538 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	62.44	+0.06	+0.10%
Natural Gas • 11 mins	4.397	-0.011	-0.25%
Heating Oil • 20 mins	2.183	-0.007	-0.33%

Headlines

923 days Will The ECB Continue To Hike Rates?
923 days Forbes: Aramco Remains Largest Company In The Middle East
925 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,325 days Could Crypto Overtake Traditional Investment?
1,330 days Americans Still Quitting Jobs At Record Pace
1,332 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,335 days Is The Dollar Too Strong?
1,335 days Big Tech Disappoints Investors on Earnings Calls
1,336 days Fear And Celebration On Twitter as Musk Takes The Reins
1,338 days China Is Quietly Trying To Distance Itself From Russia
1,338 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,342 days Crypto Investors Won Big In 2021
1,342 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,343 days Food Prices Are Skyrocketing As Putin’s War Persists
1,345 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,346 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,349 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,350 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,350 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,352 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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 - Bearish Recovery

By - Oct 21, 2016, 7:22 AM CDT

EUR/GBP continues to head lower since the pair has broken uptrend channel. Hourly support is given at 0.8776 (05/10/2016 low) while resistance is given at 0.9026 (20/10/2016 high). Expect to show continued bearish pressures.

In the long-term, the pair is currently recovering from recent lows in 2015. The technical structure suggests a growing upside momentum. The pair is trading far above from its 200 DMA. Strong resistance can be found at 0.9500 psychological level.

Daily Technical Report