Commodity Prices

Gold •711 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,788.30	+76.10	+4.44%
WTI Crude •11 mins	80.25	-4.63	-5.45%
Gasoline •11 mins	2.956	-0.094	-3.07%
Ethanol •711 days	2.161	+0.000	+0.00%
Silver •711 days	30.82	+1.16	+3.92%

Silver • 711 days	30.82	+1.16	+3.92%
Copper • 711 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	82.75	-4.58	-5.24%
Natural Gas • 11 mins	3.107	-0.013	-0.42%
Heating Oil • 11 mins	3.277	-0.128	-3.75%

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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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