Commodity Prices

Gold •781 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,888.70	-7.00	-0.37%
WTI Crude •11 mins	85.82	-1.24	-1.42%
Gasoline •13 mins	3.307	-0.041	-1.21%
Ethanol •781 days	2.161	+0.000	+0.00%
Silver •781 days	30.82	+1.16	+3.92%

Silver • 781 days	30.82	+1.16	+3.92%
Copper • 781 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	93.10	-1.29	-1.37%
Natural Gas • 14 mins	2.725	-0.048	-1.73%
Heating Oil • 11 mins	4.422	-0.073	-1.62%

Headlines

1,165 days Will The ECB Continue To Hike Rates?
1,166 days Forbes: Aramco Remains Largest Company In The Middle East
1,167 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,567 days Could Crypto Overtake Traditional Investment?
1,572 days Americans Still Quitting Jobs At Record Pace
1,574 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,577 days Is The Dollar Too Strong?
1,577 days Big Tech Disappoints Investors on Earnings Calls
1,578 days Fear And Celebration On Twitter as Musk Takes The Reins
1,580 days China Is Quietly Trying To Distance Itself From Russia
1,580 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,584 days Crypto Investors Won Big In 2021
1,584 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,585 days Food Prices Are Skyrocketing As Putin’s War Persists
1,587 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,588 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,591 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,592 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,592 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,594 days Are NFTs About To Take Over Gaming?

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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 - Remains Near The High of its Rising Channel

By - Jul 22, 2014, 6:14 AM CDT

USD/CHF remains well supported as can be seen by the current mild price correction. Monitor the hourly support at 0.8969. A key resistance area stands between 0.9013 (16/06/2014 high) and 0.9037. Another support lies at 0.8938 (09/07/2014 high).

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 strong resistance stands at 0.9156 (21/01/2014 high).

Daily Technical Report