Commodity Prices

Gold •363 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,372.40	+13.70	+1.01%
WTI Crude •10 mins	65.40	-0.05	-0.08%
Gasoline •10 mins	2.093	-0.007	-0.35%
Ethanol •363 days	2.161	+0.000	+0.00%
Silver •363 days	30.82	+1.16	+3.92%

Silver • 363 days	30.82	+1.16	+3.92%
Copper • 363 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.11	+0.37	+0.55%
Natural Gas • 11 mins	3.416	+0.001	+0.03%
Heating Oil • 10 mins	2.329	+0.002	+0.07%

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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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