Commodity Prices

Gold •282 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	943.00	+9.70	+1.04%
WTI Crude •10 mins	61.54	+1.47	+2.45%
Gasoline •10 mins	2.000	+0.038	+1.95%
Ethanol •282 days	2.161	+0.000	+0.00%
Silver •282 days	30.82	+1.16	+3.92%

Silver • 282 days	30.82	+1.16	+3.92%
Copper • 282 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	64.80	+1.47	+2.32%
Natural Gas • 10 mins	3.545	-0.012	-0.34%
Heating Oil • 10 mins	2.066	+0.020	+0.97%

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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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