Commodity Prices

Gold •372 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,417.80	+5.30	+0.38%
WTI Crude •10 mins	66.88	+0.31	+0.47%
Gasoline •12 mins	2.152	-0.001	-0.04%
Ethanol •372 days	2.161	+0.000	+0.00%
Silver •372 days	30.82	+1.16	+3.92%

Silver • 372 days	30.82	+1.16	+3.92%
Copper • 372 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.89	+0.25	+0.36%
Natural Gas • 10 mins	3.375	+0.038	+1.14%
Heating Oil • 10 mins	2.386	+0.002	+0.10%

Headlines

757 days Will The ECB Continue To Hike Rates?
757 days Forbes: Aramco Remains Largest Company In The Middle East
759 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,159 days Could Crypto Overtake Traditional Investment?
1,163 days Americans Still Quitting Jobs At Record Pace
1,165 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,168 days Is The Dollar Too Strong?
1,169 days Big Tech Disappoints Investors on Earnings Calls
1,170 days Fear And Celebration On Twitter as Musk Takes The Reins
1,171 days China Is Quietly Trying To Distance Itself From Russia
1,172 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,176 days Crypto Investors Won Big In 2021
1,176 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,177 days Food Prices Are Skyrocketing As Putin’s War Persists
1,179 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,179 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,183 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,183 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,183 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,186 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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