Commodity Prices

Gold •752 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,604.10	-4.70	-0.29%
WTI Crude •22 hours	89.31	-2.88	-3.12%
Gasoline •22 hours	3.396	-0.101	-2.87%
Ethanol •752 days	2.161	+0.000	+0.00%
Silver •752 days	30.82	+1.16	+3.92%

Silver • 752 days	30.82	+1.16	+3.92%
Copper • 752 days	4.530	+0.111	+2.51%
Brent Crude • 21 hours	96.78	-3.91	-3.88%
Natural Gas • 22 hours	2.871	-0.045	-1.54%
Heating Oil • 22 hours	4.181	-0.161	-3.71%

Headlines

1,136 days Will The ECB Continue To Hike Rates?
1,136 days Forbes: Aramco Remains Largest Company In The Middle East
1,138 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,538 days Could Crypto Overtake Traditional Investment?
1,543 days Americans Still Quitting Jobs At Record Pace
1,545 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,548 days Is The Dollar Too Strong?
1,548 days Big Tech Disappoints Investors on Earnings Calls
1,549 days Fear And Celebration On Twitter as Musk Takes The Reins
1,551 days China Is Quietly Trying To Distance Itself From Russia
1,551 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,555 days Crypto Investors Won Big In 2021
1,555 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,556 days Food Prices Are Skyrocketing As Putin’s War Persists
1,558 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,559 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,562 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,563 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,563 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,565 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

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.

Daily Technical Report