Commodity Prices

Gold •313 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	989.60	+14.00	+1.44%
WTI Crude •10 mins	62.84	+0.89	+1.44%
Gasoline •10 mins	2.145	+0.012	+0.57%
Ethanol •313 days	2.161	+0.000	+0.00%
Silver •313 days	30.82	+1.16	+3.92%

Silver • 313 days	30.82	+1.16	+3.92%
Copper • 313 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.79	+0.83	+1.28%
Natural Gas • 10 mins	3.602	-0.044	-1.21%
Heating Oil • 10 mins	2.129	+0.018	+0.85%

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EUR/CHF - Digesting its Recent Sharp Rise

By - Dec 19, 2014, 5:12 AM CST

USD/CHF is consolidating below the key resistance area defined by 0.9818 and 0.9839. Hourly supports stand at 0.9759 (intraday low) and 0.9722.

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, a test of the major resistance area between 0.9972 (24/07/2012 high) and 1.0067 (01/12/2010 high) is expected. A key support can be found at 0.9531 (19/11/2014 low).

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