Commodity Prices

Gold •647 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,065.20	-46.90	-2.22%
WTI Crude •1 day	95.81	-2.06	-2.10%
Gasoline •1 day	3.016	+0.015	+0.51%
Ethanol •647 days	2.161	+0.000	+0.00%
Silver •647 days	30.82	+1.16	+3.92%

Silver • 647 days	30.82	+1.16	+3.92%
Copper • 647 days	4.530	+0.111	+2.51%
Brent Crude • 24 hours	95.20	-0.72	-0.75%
Natural Gas • 1 day	2.652	-0.018	-0.67%
Heating Oil • 1 day	3.745	-0.192	-4.87%

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USD/CHF - Approaching The Support at 0.9544

By - Nov 17, 2014, 5:06 AM CST

USD/CHF has broken the hourly support at 0.9617. Monitor the test of the support at 0.9544. Another support can be found at 0.9442. Hourly resistances lie at 0.9622 (13/11/2014 low) and 0.9701.

From a longer term perspective, the technical structure favours a full retracement of the large corrective phase that started in July 2012. The recent new highs above the key resistance at 0.9691 confirm this outlook. A strong support stands at 0.9368 (15/10/2014 low). A key resistance can be found at 0.9839 (22/05/2013 high).

Daily Technical Report