Commodity Prices

Gold •790 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,747.50	-18.90	-1.07%
WTI Crude •11 mins	90.56	+0.34	+0.38%
Gasoline •12 mins	3.141	+0.006	+0.20%
Ethanol •790 days	2.161	+0.000	+0.00%
Silver •790 days	30.82	+1.16	+3.92%

Silver • 790 days	30.82	+1.16	+3.92%
Copper • 790 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	95.33	+0.68	+0.72%
Natural Gas • 11 mins	2.948	+0.044	+1.52%
Heating Oil • 11 mins	4.688	+0.011	+0.24%

Headlines

1,175 days Will The ECB Continue To Hike Rates?
1,175 days Forbes: Aramco Remains Largest Company In The Middle East
1,177 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,577 days Could Crypto Overtake Traditional Investment?
1,581 days Americans Still Quitting Jobs At Record Pace
1,583 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,586 days Is The Dollar Too Strong?
1,587 days Big Tech Disappoints Investors on Earnings Calls
1,588 days Fear And Celebration On Twitter as Musk Takes The Reins
1,589 days China Is Quietly Trying To Distance Itself From Russia
1,590 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,594 days Crypto Investors Won Big In 2021
1,594 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,595 days Food Prices Are Skyrocketing As Putin’s War Persists
1,597 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,597 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,601 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,601 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,601 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,604 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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 - 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.

Daily Technical Report