Commodity Prices

Gold •667 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,011.90	+17.30	+0.87%
WTI Crude •14 hours	101.94	-3.13	-2.98%
Gasoline •14 hours	3.595	-0.020	-0.55%
Ethanol •667 days	2.161	+0.000	+0.00%
Silver •667 days	30.82	+1.16	+3.92%

Silver • 667 days	30.82	+1.16	+3.92%
Copper • 667 days	4.530	+0.111	+2.51%
Brent Crude • 13 hours	108.17	-2.23	-2.02%
Natural Gas • 14 hours	2.780	+0.013	+0.47%
Heating Oil • 14 hours	3.946	-0.135	-3.30%

Headlines

1,052 days Will The ECB Continue To Hike Rates?
1,052 days Forbes: Aramco Remains Largest Company In The Middle East
1,054 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,454 days Could Crypto Overtake Traditional Investment?
1,459 days Americans Still Quitting Jobs At Record Pace
1,461 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,464 days Is The Dollar Too Strong?
1,464 days Big Tech Disappoints Investors on Earnings Calls
1,465 days Fear And Celebration On Twitter as Musk Takes The Reins
1,466 days China Is Quietly Trying To Distance Itself From Russia
1,467 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,471 days Crypto Investors Won Big In 2021
1,471 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,472 days Food Prices Are Skyrocketing As Putin’s War Persists
1,474 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,475 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,478 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,479 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,479 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,481 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

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 - Rumors of FX Intervention

By - Jan 27, 2015, 2:38 PM CST

EUR/CHF is digesting the recent massive selloff. Todays move halts succession of lower highs suggests increasing selling pressures. However, bullish move to 1.0385 has already reversed. A key support stands at 0.9715.

The EUR/CHF is again a free-floating currency and has declined to uncharted water. The ECB's QE programme is likely to cause persistent selling pressures on EUR/CHF. Monitor the key support stands at 0.9715. The 15 January low at 0.8517 is a strong support, which should hold in the coming months.

Daily Technical Report