Commodity Prices

Gold •317 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	990.20	-5.20	-0.52%
WTI Crude •2 hours	62.49	+0.87	+1.41%
Gasoline •2 hours	2.142	+0.007	+0.35%
Ethanol •317 days	2.161	+0.000	+0.00%
Silver •317 days	30.82	+1.16	+3.92%

Silver • 317 days	30.82	+1.16	+3.92%
Copper • 317 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	65.41	+0.88	+1.36%
Natural Gas • 2 hours	3.334	-0.028	-0.83%
Heating Oil • 2 hours	2.141	-0.025	-1.17%

Headlines

701 days Will The ECB Continue To Hike Rates?
702 days Forbes: Aramco Remains Largest Company In The Middle East
703 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,103 days Could Crypto Overtake Traditional Investment?
1,108 days Americans Still Quitting Jobs At Record Pace
1,110 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,113 days Is The Dollar Too Strong?
1,113 days Big Tech Disappoints Investors on Earnings Calls
1,114 days Fear And Celebration On Twitter as Musk Takes The Reins
1,116 days China Is Quietly Trying To Distance Itself From Russia
1,116 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,120 days Crypto Investors Won Big In 2021
1,120 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,121 days Food Prices Are Skyrocketing As Putin’s War Persists
1,123 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,124 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,127 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,128 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,128 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,130 days Are NFTs About To Take Over Gaming?

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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 - Fading Near The Key Resistance at 1.0600

By - Feb 10, 2015, 1:38 PM CST

EUR/CHF is recovering after its recent massive sell-off. The key resistance at 1.0600 has held thus far. The break of the hourly support at 1.0466 signals a weakening short-term bullish momentum. Supports now lie at 1.0357 and 1.0184 (28/01/2015 low). Another resistance can be found at 1.0675 (61.8% retracement of the 15 January decline).

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.

Daily Technical Report