Commodity Prices

Gold •137 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	956.10	+11.00	+1.16%
WTI Crude •10 mins	67.08	+0.06	+0.09%
Gasoline •11 mins	1.952	+0.002	+0.11%
Ethanol •137 days	2.161	+0.000	+0.00%
Silver •137 days	30.82	+1.16	+3.92%

Silver • 137 days	30.82	+1.16	+3.92%
Copper • 137 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	71.20	+0.16	+0.23%
Natural Gas • 10 mins	2.934	+0.111	+3.93%
Heating Oil • 10 mins	2.178	+0.008	+0.35%

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USD/CHF: Bouncing Sharply

By - Jan 15, 2013, 6:16 AM CST

USD/CHF bounced sharply yesterday. Monitor the resistance at 0.9274 (09/01/2013 low). Another resistance can be found at 0.9303 (04/01/2013 high). Hourly supports are at 0.9199 (intraday high) and 0.9111 (11/01/2013 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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