Commodity Prices

Gold •15 mins	2,351.20	+8.70	+0.37%
Platinum •15 mins	933.20	+12.70	+1.38%
WTI Crude •10 mins	84.00	+0.43	+0.51%
Gasoline •29 mins	2.778	+0.019	+0.70%
Ethanol •9 hours	2.161	+0.000	+0.00%
Silver •15 mins	27.92	+0.29	+1.04%

Silver • 15 mins	27.92	+0.29	+1.04%
Copper • 15 mins	4.588	+0.050	+1.09%
Brent Crude • 10 mins	89.48	+0.47	+0.53%
Natural Gas • 18 mins	1.595	-0.043	-2.63%
Heating Oil • 10 mins	2.570	+0.019	+0.76%

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USD/CHF: Approaching The Key Resistance at 0.9383

By - Jan 17, 2013, 5:49 AM CST

USD/CHF has broken its resistance at 0.9303 (04/01/2013 high). A key resistance is at 0.9383 (see also the high of the declining channel in the daily time frame). Hourly supports can be found at 0.9286 (16/01/2013 low) and 0.9218 (15/01/2013 low).

The break of prior support at 0.9423 (18/06/2012 low) has invalidated the succession of higher lows that started in August 2011. The lower low made on 20 December 2012 confirms a bearish bias. A medium-term decline towards the key support at 0.8931 (24/02/2012 low) is expected.

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