Commodity Prices

Gold •319 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	998.10	+7.90	+0.80%
WTI Crude •10 mins	62.32	-0.17	-0.27%
Gasoline •10 mins	2.124	-0.018	-0.83%
Ethanol •319 days	2.161	+0.000	+0.00%
Silver •319 days	30.82	+1.16	+3.92%

Silver • 319 days	30.82	+1.16	+3.92%
Copper • 319 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.17	-0.24	-0.37%
Natural Gas • 10 mins	3.190	-0.144	-4.32%
Heating Oil • 10 mins	2.133	-0.008	-0.36%

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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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