Commodity Prices

Gold •280 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	932.30	+12.40	+1.35%
WTI Crude •10 mins	60.44	-1.91	-3.06%
Gasoline •11 mins	1.986	-0.053	-2.58%
Ethanol •280 days	2.161	+0.000	+0.00%
Silver •280 days	30.82	+1.16	+3.92%

Silver • 280 days	30.82	+1.16	+3.92%
Copper • 280 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	63.59	-1.89	-2.89%
Natural Gas • 10 mins	3.659	-0.157	-4.11%
Heating Oil • 10 mins	2.061	-0.052	-2.47%

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EUR/CHF - Challenging The Key Resistance at 1.0600

By - Feb 02, 2015, 12:34 PM CST

EUR/CHF is recovering after its recent massive sell-off. The key resistance at 1.0600 (intraday high) is challenged. Other resistances can be found at 1.0675 (61.8% retracement) and 1.1002 (02/09/2011 low). Hourly supports lie at 1.0356 (intraday low) and 1.0184 (28/01/2015 low).

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. As a result, the key resistance at 1.0600 should be hard to break. A key support stands at 0.9715. The 15 January low at 0.8517 is a strong support, which should hold in the coming months.

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