Commodity Prices

Gold •360 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,351.90	-63.10	-4.46%
WTI Crude •21 hours	65.52	+0.28	+0.43%
Gasoline •21 hours	2.090	-0.009	-0.44%
Ethanol •360 days	2.161	+0.000	+0.00%
Silver •360 days	30.82	+1.16	+3.92%

Silver • 360 days	30.82	+1.16	+3.92%
Copper • 360 days	4.530	+0.111	+2.51%
Brent Crude • 20 hours	67.77	+0.04	+0.06%
Natural Gas • 21 hours	3.739	+0.213	+6.04%
Heating Oil • 21 hours	2.307	-0.053	-2.24%

Headlines

744 days Will The ECB Continue To Hike Rates?
744 days Forbes: Aramco Remains Largest Company In The Middle East
746 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,146 days Could Crypto Overtake Traditional Investment?
1,151 days Americans Still Quitting Jobs At Record Pace
1,153 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,156 days Is The Dollar Too Strong?
1,156 days Big Tech Disappoints Investors on Earnings Calls
1,157 days Fear And Celebration On Twitter as Musk Takes The Reins
1,159 days China Is Quietly Trying To Distance Itself From Russia
1,159 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,163 days Crypto Investors Won Big In 2021
1,163 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,164 days Food Prices Are Skyrocketing As Putin’s War Persists
1,166 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,167 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,170 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,171 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,171 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,173 days Are NFTs About To Take Over Gaming?

The Problem With Modern Monetary Theory

Modern monetary theory has been…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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