Commodity Prices

Gold •552 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,428.00	-24.40	-0.99%
WTI Crude •11 mins	56.23	-0.90	-1.58%
Gasoline •11 mins	1.692	-0.008	-0.49%
Ethanol •552 days	2.161	+0.000	+0.00%
Silver •552 days	30.82	+1.16	+3.92%

Silver • 552 days	30.82	+1.16	+3.92%
Copper • 552 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	60.70	-1.06	-1.72%
Natural Gas • 11 mins	3.427	+0.077	+2.30%
Heating Oil • 11 mins	2.066	-0.017	-0.82%

Headlines

936 days Will The ECB Continue To Hike Rates?
937 days Forbes: Aramco Remains Largest Company In The Middle East
938 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,338 days Could Crypto Overtake Traditional Investment?
1,343 days Americans Still Quitting Jobs At Record Pace
1,345 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,348 days Is The Dollar Too Strong?
1,348 days Big Tech Disappoints Investors on Earnings Calls
1,349 days Fear And Celebration On Twitter as Musk Takes The Reins
1,351 days China Is Quietly Trying To Distance Itself From Russia
1,351 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,355 days Crypto Investors Won Big In 2021
1,355 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,356 days Food Prices Are Skyrocketing As Putin’s War Persists
1,358 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,359 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,362 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,363 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,363 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,365 days Are NFTs About To Take Over Gaming?

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…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around 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