Commodity Prices

Gold •361 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,347.80	-4.10	-0.30%
WTI Crude •10 mins	65.04	-0.48	-0.73%
Gasoline •27 mins	2.085	-0.005	-0.23%
Ethanol •361 days	2.161	+0.000	+0.00%
Silver •361 days	30.82	+1.16	+3.92%

Silver • 361 days	30.82	+1.16	+3.92%
Copper • 361 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.64	-0.13	-0.19%
Natural Gas • 10 mins	3.447	-0.292	-7.81%
Heating Oil • 11 mins	2.355	+0.048	+2.07%

Headlines

746 days Will The ECB Continue To Hike Rates?
746 days Forbes: Aramco Remains Largest Company In The Middle East
748 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,148 days Could Crypto Overtake Traditional Investment?
1,153 days Americans Still Quitting Jobs At Record Pace
1,155 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,158 days Is The Dollar Too Strong?
1,158 days Big Tech Disappoints Investors on Earnings Calls
1,159 days Fear And Celebration On Twitter as Musk Takes The Reins
1,161 days China Is Quietly Trying To Distance Itself From Russia
1,161 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,165 days Crypto Investors Won Big In 2021
1,165 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,166 days Food Prices Are Skyrocketing As Putin’s War Persists
1,168 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,169 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,172 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,173 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,173 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,175 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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

EUR/CHF - Increasing Selling Pressures

By - Jan 22, 2015, 2:20 PM CST

EUR/CHF is digesting the recent massive selloff. The recent succession of lower highs suggests increasing selling pressures. An hourly support lies at 0.9848, while a key support stands at 0.9715. Hourly resistances can be found at 1.0137 (21/01/2015 high) and 1.0250.

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. The 15 January low at 0.8517 is a key support, which should hold in the coming months. A closer key support stands at 0.9715.

Daily Technical Report