Commodity Prices

Gold •429 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,386.70	+10.10	+0.73%
WTI Crude •5 hours	61.87	-1.61	-2.54%
Gasoline •5 hours	1.964	-0.045	-2.25%
Ethanol •429 days	2.161	+0.000	+0.00%
Silver •429 days	30.82	+1.16	+3.92%

Silver • 429 days	30.82	+1.16	+3.92%
Copper • 429 days	4.530	+0.111	+2.51%
Brent Crude • 4 hours	65.50	-1.49	-2.22%
Natural Gas • 5 hours	3.048	-0.026	-0.85%
Heating Oil • 5 hours	2.287	-0.044	-1.87%

Headlines

813 days Will The ECB Continue To Hike Rates?
814 days Forbes: Aramco Remains Largest Company In The Middle East
815 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,215 days Could Crypto Overtake Traditional Investment?
1,220 days Americans Still Quitting Jobs At Record Pace
1,222 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,225 days Is The Dollar Too Strong?
1,225 days Big Tech Disappoints Investors on Earnings Calls
1,226 days Fear And Celebration On Twitter as Musk Takes The Reins
1,228 days China Is Quietly Trying To Distance Itself From Russia
1,228 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,232 days Crypto Investors Won Big In 2021
1,232 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,233 days Food Prices Are Skyrocketing As Putin’s War Persists
1,235 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,236 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,239 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,240 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,240 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,242 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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/GBP - Bearish Breakout

By - Nov 10, 2016, 6:23 AM CST

EUR/GBP has broken support area given around 0.8857 (04/11/2016 low). Hourly resistance is given at 0.9047 (30/10/2016 high). Expected to further decline and to break channel.

In the long-term, the pair has largely recovered 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