Commodity Prices

Gold •537 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,143.00	+124.40	+6.16%
WTI Crude •11 mins	57.99	+1.47	+2.60%
Gasoline •18 mins	1.744	+0.035	+2.07%
Ethanol •537 days	2.161	+0.000	+0.00%
Silver •537 days	30.82	+1.16	+3.92%

Silver • 537 days	30.82	+1.16	+3.92%
Copper • 537 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	62.06	+1.59	+2.63%
Natural Gas • 11 mins	3.985	+0.001	+0.03%
Heating Oil • 14 mins	2.157	+0.035	+1.65%

Headlines

921 days Will The ECB Continue To Hike Rates?
922 days Forbes: Aramco Remains Largest Company In The Middle East
923 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,323 days Could Crypto Overtake Traditional Investment?
1,328 days Americans Still Quitting Jobs At Record Pace
1,330 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,333 days Is The Dollar Too Strong?
1,333 days Big Tech Disappoints Investors on Earnings Calls
1,334 days Fear And Celebration On Twitter as Musk Takes The Reins
1,336 days China Is Quietly Trying To Distance Itself From Russia
1,336 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,340 days Crypto Investors Won Big In 2021
1,340 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,341 days Food Prices Are Skyrocketing As Putin’s War Persists
1,343 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,344 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,347 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,348 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,348 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,350 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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 - Challenging The Resistance at 0.9691

By - Nov 03, 2014, 5:23 AM CST

USD/CHF has further improved and is now challenging the key resistance at 0.9691. Hourly supports lie at 0.9612 (intraday low) and 0.9580 (intraday low).

From a longer term perspective, the technical structure favours a full retracement of the large corrective phase that started in July 2012. As a result, the recent weakness is seen as a countertrend move. A key support can be found at 0.9368 (15/10/2014 low). Key resistances stand at 0.9691 (06/10/2014 high) and 0.9839 (22/05/2013 high).

Daily Technical Report