Commodity Prices

Gold •851 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,444.10	+8.10	+0.56%
WTI Crude •11 mins	102.42	-1.70	-1.63%
Gasoline •11 mins	3.098	-0.059	-1.87%
Ethanol •851 days	2.161	+0.000	+0.00%
Silver •851 days	30.82	+1.16	+3.92%

Silver • 851 days	30.82	+1.16	+3.92%
Copper • 851 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	111.72	-1.71	-1.51%
Natural Gas • 11 mins	2.888	-0.010	-0.35%
Heating Oil • 11 mins	4.624	-0.052	-1.11%

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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.

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