Commodity Prices

Gold •485 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,575.40	-38.90	-2.41%
WTI Crude •12 hours	60.98	+0.41	+0.68%
Gasoline •12 hours	1.901	+0.008	+0.43%
Ethanol •485 days	2.161	+0.000	+0.00%
Silver •485 days	30.82	+1.16	+3.92%

Silver • 485 days	30.82	+1.16	+3.92%
Copper • 485 days	4.530	+0.111	+2.51%
Brent Crude • 11 hours	64.77	+0.40	+0.62%
Natural Gas • 12 hours	4.124	+0.168	+4.25%
Heating Oil • 12 hours	2.399	-0.011	-0.44%

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USD/CHF: Weakening

By - Apr 28, 2014, 5:40 AM CDT

USD/CHF is weakening, favouring a second down leg after the first one from 0.8953 to 0.8744. Supports can be found at 0.8778 (17/04/2014 low) and 0.8744, while a key support lies at 0.8699. A resistance stands at 0.8862.

From a longer term perspective, the structure present since 0.9972 (24/07/2012) is seen as a large corrective phase. However, a decisive break of the key resistance at 0.8930/0.8953 is needed to validate a bullish reversal pattern.

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