Commodity Prices

Gold •422 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,370.50	+8.80	+0.65%
WTI Crude •4 hours	64.01	-0.59	-0.91%
Gasoline •6 hours	2.188	-0.012	-0.52%
Ethanol •422 days	2.161	+0.000	+0.00%
Silver •422 days	30.82	+1.16	+3.92%

Silver • 422 days	30.82	+1.16	+3.92%
Copper • 422 days	4.530	+0.111	+2.51%
Brent Crude • 6 hours	68.12	-0.50	-0.73%
Natural Gas • 4 hours	2.997	+0.053	+1.80%
Heating Oil • 6 hours	2.267	-0.043	-1.87%

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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.

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