Commodity Prices

Gold •484 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,611.50	+10.70	+0.67%
WTI Crude •11 mins	60.29	-0.19	-0.31%
Gasoline •1 hour	1.990	+0.016	+0.83%
Ethanol •484 days	2.161	+0.000	+0.00%
Silver •484 days	30.82	+1.16	+3.92%

Silver • 484 days	30.82	+1.16	+3.92%
Copper • 484 days	4.530	+0.111	+2.51%
Brent Crude • 12 mins	64.75	-0.17	-0.26%
Natural Gas • 11 mins	4.027	+0.212	+5.56%
Heating Oil • 40 mins	2.425	+0.001	+0.03%

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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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