Commodity Prices

Gold •723 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,647.30	+28.50	+1.76%
WTI Crude •3 hours	69.23	-2.69	-3.74%
Gasoline •3 hours	2.957	-0.070	-2.32%
Ethanol •723 days	2.161	+0.000	+0.00%
Silver •723 days	30.82	+1.16	+3.92%

Silver • 723 days	30.82	+1.16	+3.92%
Copper • 723 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	71.99	-3.27	-4.34%
Natural Gas • 3 hours	3.279	-0.016	-0.49%
Heating Oil • 3 hours	3.208	-0.090	-2.73%

Headlines

1,107 days Will The ECB Continue To Hike Rates?
1,108 days Forbes: Aramco Remains Largest Company In The Middle East
1,109 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,509 days Could Crypto Overtake Traditional Investment?
1,514 days Americans Still Quitting Jobs At Record Pace
1,516 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,519 days Is The Dollar Too Strong?
1,519 days Big Tech Disappoints Investors on Earnings Calls
1,520 days Fear And Celebration On Twitter as Musk Takes The Reins
1,522 days China Is Quietly Trying To Distance Itself From Russia
1,522 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,526 days Crypto Investors Won Big In 2021
1,526 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,527 days Food Prices Are Skyrocketing As Putin’s War Persists
1,529 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,530 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,533 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,534 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,534 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,536 days Are NFTs About To Take Over Gaming?

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Is The Bull Market On Its Last Legs?

This aging bull market may…

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

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 - Breaking Resistance At 0.8707

By - Mar 10, 2017, 6:12 AM CST

EUR/GBP has pushed higher towards strong resistance at 0.8707 (18/01/2017 high) which has been broken. We rule out further weakness towards supports given at 0.8450 (03/01/2016 low) and at 0.8304 (05/12/2016). Expected to pause below resistance at 0.8707.

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 above from its 200 DMA. Strong resistance can be found at 0.9500 psychological level.

Daily Technical Report