Commodity Prices

Gold •717 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,668.20	-39.10	-2.29%
WTI Crude •1 day	76.54	+0.69	+0.91%
Gasoline •1 day	3.004	+0.009	+0.31%
Ethanol •717 days	2.161	+0.000	+0.00%
Silver •717 days	30.82	+1.16	+3.92%

Silver • 717 days	30.82	+1.16	+3.92%
Copper • 717 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	80.57	+0.72	+0.90%
Natural Gas • 1 day	3.198	-0.035	-1.08%
Heating Oil • 1 day	3.195	+0.067	+2.15%

Headlines

1,102 days Will The ECB Continue To Hike Rates?
1,102 days Forbes: Aramco Remains Largest Company In The Middle East
1,104 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,504 days Could Crypto Overtake Traditional Investment?
1,509 days Americans Still Quitting Jobs At Record Pace
1,511 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,514 days Is The Dollar Too Strong?
1,514 days Big Tech Disappoints Investors on Earnings Calls
1,515 days Fear And Celebration On Twitter as Musk Takes The Reins
1,516 days China Is Quietly Trying To Distance Itself From Russia
1,517 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,521 days Crypto Investors Won Big In 2021
1,521 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,522 days Food Prices Are Skyrocketing As Putin’s War Persists
1,524 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,525 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,528 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,529 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,529 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,531 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

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

USD/CHF: Monitor Testerday's Intraday Bullish Reversal

By - Dec 20, 2012, 5:55 AM CST

USD/CHF made an intraday's bullish reversal yesterday, favouring a short-term bounce. Monitor the hourly resistances at 0.9195 (intraday high) and 0.9248 (14/12/2012 high). Supports can be found at 0.9088 (19/12/2012 low) and 0.9043 (01/05/2012 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 break to the downside out of the horizontal range between 0.9215 (17/10/2012 low) and 0.9502 (31/08/2012 low) confirms a bearish bias.

Daily Technical Report