Commodity Prices

Gold •631 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,857.30	-85.50	-4.40%
WTI Crude •40 mins	94.48	+4.16	+4.61%
Gasoline •46 mins	3.130	+0.118	+3.91%
Ethanol •631 days	2.161	+0.000	+0.00%
Silver •631 days	30.82	+1.16	+3.92%

Silver • 631 days	30.82	+1.16	+3.92%
Copper • 631 days	4.530	+0.111	+2.51%
Brent Crude • 19 mins	106.70	+4.48	+4.38%
Natural Gas • 40 mins	2.999	+0.047	+1.59%
Heating Oil • 44 mins	4.273	+0.267	+6.67%

Headlines

1,015 days Will The ECB Continue To Hike Rates?
1,016 days Forbes: Aramco Remains Largest Company In The Middle East
1,017 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,417 days Could Crypto Overtake Traditional Investment?
1,422 days Americans Still Quitting Jobs At Record Pace
1,424 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,427 days Is The Dollar Too Strong?
1,427 days Big Tech Disappoints Investors on Earnings Calls
1,428 days Fear And Celebration On Twitter as Musk Takes The Reins
1,430 days China Is Quietly Trying To Distance Itself From Russia
1,430 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,434 days Crypto Investors Won Big In 2021
1,434 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,435 days Food Prices Are Skyrocketing As Putin’s War Persists
1,437 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,438 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,441 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,442 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,442 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,444 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

This aging bull market may…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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: Short-Term Triple-Top Validated

By - Jun 19, 2014, 5:35 AM CDT

USD/CHF has broken the support at 0.8960, validating a short-term triple-top. A decline towards the support at 0.8908 (05/06/2014 low, see also the 38.2% retracement) is expected. Another support stands at 0.8883. A strong resistance area lies between 0.9012 and 0.9037.

From a longer term perspective, the bullish breakout of the key resistance at 0.8953 suggests the end of the large corrective phase that started in July 2012. The long-term upside potential implied by the double-bottom formation is 0.9207. A key resistance stands at 0.9156 (21/01/2014 high).

Daily Technical Report