Commodity Prices

Gold •831 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,707.30	+13.80	+0.81%
WTI Crude •11 mins	91.83	-1.91	-2.04%
Gasoline •11 mins	3.222	-0.070	-2.12%
Ethanol •831 days	2.161	+0.000	+0.00%
Silver •831 days	30.82	+1.16	+3.92%

Silver • 831 days	30.82	+1.16	+3.92%
Copper • 831 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	104.60	-2.05	-1.92%
Natural Gas • 11 mins	3.111	-0.056	-1.77%
Heating Oil • 11 mins	4.738	+0.015	+0.31%

Headlines

1,216 days Will The ECB Continue To Hike Rates?
1,216 days Forbes: Aramco Remains Largest Company In The Middle East
1,218 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,618 days Could Crypto Overtake Traditional Investment?
1,623 days Americans Still Quitting Jobs At Record Pace
1,625 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,628 days Is The Dollar Too Strong?
1,628 days Big Tech Disappoints Investors on Earnings Calls
1,629 days Fear And Celebration On Twitter as Musk Takes The Reins
1,631 days China Is Quietly Trying To Distance Itself From Russia
1,631 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,635 days Crypto Investors Won Big In 2021
1,635 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,636 days Food Prices Are Skyrocketing As Putin’s War Persists
1,638 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,639 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,642 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,643 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,643 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,645 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Is The Bull Market On Its Last Legs?

This aging bull market may…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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 - Passing above 1.0600

By - Aug 04, 2015, 5:13 AM CDT

EUR/CHF has failed to test resistance at 1.0700 (19/03/2015 high) and is now holding below this level. Hourly support can be found at 1.0234 (20/04/2015 low). The SNB has clearly stated that they will intervene as long as the Swiss Franc is strengthening. We remain bearish on the pair.

The EUR/CHF is digesting its 15 January sharp decline. A key resistance stands at 1.1002 (02/09/2011 low). The ECB's QE programme is likely to cause persistent selling pressures on the euro, which should weigh on EUR/CHF. Supports can be found at 1.0184 (28/01/2015 low) and 1.0082 (27/01/2015 low).

Daily Technical Report