Commodity Prices

Gold •169 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	926.10	-8.50	-0.91%
WTI Crude •32 mins	70.22	-0.36	-0.51%
Gasoline •10 mins	1.922	-0.021	-1.08%
Ethanol •169 days	2.161	+0.000	+0.00%
Silver •169 days	30.82	+1.16	+3.92%

Silver • 169 days	30.82	+1.16	+3.92%
Copper • 169 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	72.88	-0.51	-0.69%
Natural Gas • 10 mins	3.527	+0.153	+4.53%
Heating Oil • 10 mins	2.242	-0.013	-0.59%

Headlines

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

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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: 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.

Daily Technical Report