Commodity Prices

Gold •463 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,664.40	+8.00	+0.48%
WTI Crude •11 mins	61.25	-0.26	-0.42%
Gasoline •11 mins	1.880	-0.003	-0.16%
Ethanol •463 days	2.161	+0.000	+0.00%
Silver •463 days	30.82	+1.16	+3.92%

Silver • 463 days	30.82	+1.16	+3.92%
Copper • 463 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	64.91	-0.31	-0.48%
Natural Gas • 11 mins	3.210	-0.059	-1.80%
Heating Oil • 11 mins	2.282	+0.002	+0.08%

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USD/CHF: No Higher Low Yet

By - Nov 27, 2013, 5:55 AM CST

USD/CHF has moved lower than its recent low at 0.9062 (25/11/2013 low), reflecting persistent selling pressures. A support stands at 0.9028 (61.8% retracement of the previous rise). Hourly resistances are at 0.9131 (25/11/2013 high) and 0.9192 (20/11/2013 high).

In the longer term, the successful test of the support area defined by 0.8931 (24/02/2012 low) and 0.8864 (38.2% retracement) combined with the break of the medium-term declining trendline favour a new phase of strength. A break of the resistance at 0.9250 would confirm this scenario.

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