Commodity Prices

Gold •489 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,541.80	-8.90	-0.57%
WTI Crude •11 mins	60.49	-0.07	-0.12%
Gasoline •11 mins	1.915	-0.008	-0.39%
Ethanol •489 days	2.161	+0.000	+0.00%
Silver •489 days	30.82	+1.16	+3.92%

Silver • 489 days	30.82	+1.16	+3.92%
Copper • 489 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	64.39	-0.05	-0.08%
Natural Gas • 11 mins	4.231	-0.112	-2.58%
Heating Oil • 11 mins	2.448	+0.004	+0.16%

Headlines

874 days Will The ECB Continue To Hike Rates?
874 days Forbes: Aramco Remains Largest Company In The Middle East
876 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,276 days Could Crypto Overtake Traditional Investment?
1,280 days Americans Still Quitting Jobs At Record Pace
1,282 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,285 days Is The Dollar Too Strong?
1,286 days Big Tech Disappoints Investors on Earnings Calls
1,287 days Fear And Celebration On Twitter as Musk Takes The Reins
1,288 days China Is Quietly Trying To Distance Itself From Russia
1,289 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,293 days Crypto Investors Won Big In 2021
1,293 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,294 days Food Prices Are Skyrocketing As Putin’s War Persists
1,296 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,296 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,300 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,300 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,301 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,303 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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/JPY - Fading Momentum

By - May 24, 2017, 6:10 AM CDT

EUR/JPY is trading slightly higher. Hourly support is given at 122.56 (18/05/2017 low). Major support is given at 114.90 (18/04/2017low). Expected to see further renewed buying pressures towards 126.00.

n the longer term, the technical structure validates a medium-term succession of lower highs and lower lows. As a result, the resistance at 149.78 (08/12/2014 high) has likely marked the end of the rise that started in July 2012. Strong support at 94.12 (24/07/2012 low) looks nonetheless far away.

Daily Technical Report