Commodity Prices

Gold •637 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,976.30	-13.40	-0.67%
WTI Crude •11 mins	111.89	+11.77	+11.76%
Gasoline •11 mins	3.225	+0.133	+4.31%
Ethanol •637 days	2.161	+0.000	+0.00%
Silver •637 days	30.82	+1.16	+3.92%

Silver • 637 days	30.82	+1.16	+3.92%
Copper • 637 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	107.99	+6.83	+6.75%
Natural Gas • 11 mins	2.806	-0.013	-0.46%
Heating Oil • 11 mins	4.340	+0.283	+6.98%

Headlines

1,022 days Will The ECB Continue To Hike Rates?
1,022 days Forbes: Aramco Remains Largest Company In The Middle East
1,024 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,424 days Could Crypto Overtake Traditional Investment?
1,429 days Americans Still Quitting Jobs At Record Pace
1,431 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,434 days Is The Dollar Too Strong?
1,434 days Big Tech Disappoints Investors on Earnings Calls
1,435 days Fear And Celebration On Twitter as Musk Takes The Reins
1,437 days China Is Quietly Trying To Distance Itself From Russia
1,437 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,441 days Crypto Investors Won Big In 2021
1,441 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,442 days Food Prices Are Skyrocketing As Putin’s War Persists
1,444 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,445 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,448 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,449 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,449 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,451 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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 - Bullish Breakout of The Resistance at 1.0644

By - Feb 18, 2015, 2:41 PM CST

EUR/CHF is grinding higher after its massive sell-off. The key resistance area between 1.0600/1.0644 and 1.0675 (61.8% retracement of the 15 January decline) has been broken. A key resistance stands at 1.1002 (02/09/2011 low). Hourly supports can be found at 1.0631 (intraday low) and 1.0551 (16/02/2015 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, which should lead to SNB's interventions. The breach of the key resistance at 1.0600 suggests improving buying interest. Another key resistance stands at 1.1002 (02/09/2011 low). A key support can be found at 1.0357 (30/01/2015 low).

Daily Technical Report