Commodity Prices

Gold •712 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,772.80	+60.60	+3.54%
WTI Crude •50 mins	80.75	-4.13	-4.87%
Gasoline •50 mins	2.947	-0.103	-3.36%
Ethanol •712 days	2.161	+0.000	+0.00%
Silver •712 days	30.82	+1.16	+3.92%

Silver • 712 days	30.82	+1.16	+3.92%
Copper • 712 days	4.530	+0.111	+2.51%
Brent Crude • 17 mins	83.63	-3.70	-4.24%
Natural Gas • 50 mins	3.147	+0.027	+0.87%
Heating Oil • 50 mins	3.267	-0.138	-4.05%

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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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