Commodity Prices

Gold •142 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	973.90	+3.40	+0.35%
WTI Crude •10 mins	71.11	+1.01	+1.44%
Gasoline •10 mins	2.072	+0.012	+0.60%
Ethanol •142 days	2.161	+0.000	+0.00%
Silver •142 days	30.82	+1.16	+3.92%

Silver • 142 days	30.82	+1.16	+3.92%
Copper • 142 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	75.09	+0.86	+1.16%
Natural Gas • 10 mins	3.103	-0.236	-7.07%
Heating Oil • 10 mins	2.281	+0.006	+0.27%

Headlines

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

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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

EUR/CHF - EUR/CHF is Again a Free-Floating Currency

By - Jan 16, 2015, 2:01 PM CST

EUR/CHF has collapsed after the SNB removed the floor at 1.20000. The subsequent sell-off has stopped at 0.8517, which should act as a support in the coming weeks. An hourly support lies at 0.9715 (intraday low). Resistances can now be found at 1.0263 (50% retacement of yesterday's decline) and 1.0675 (61.8% retracement of yesterday's decline).

The EUR/CHF is again a free-floating currency and has declined to uncharted water. With the upcoming ECB's decision on 22 January, persistent selling pressures are likely to remain on EUR/CHF.

Daily Technical Report