Commodity Prices

Gold •616 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,193.60	-10.70	-0.49%
WTI Crude •11 mins	91.24	+3.99	+4.57%
Gasoline •11 mins	2.881	+0.093	+3.34%
Ethanol •616 days	2.161	+0.000	+0.00%
Silver •616 days	30.82	+1.16	+3.92%

Silver • 616 days	30.82	+1.16	+3.92%
Copper • 616 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	96.41	+4.43	+4.82%
Natural Gas • 11 mins	3.257	+0.048	+1.50%
Heating Oil • 11 mins	3.913	+0.234	+6.35%

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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).

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