Commodity Prices

Gold •294 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	983.40	+3.80	+0.39%
WTI Crude •10 mins	62.80	+0.53	+0.85%
Gasoline •13 mins	2.096	+0.012	+0.58%
Ethanol •294 days	2.161	+0.000	+0.00%
Silver •294 days	30.82	+1.16	+3.92%

Silver • 294 days	30.82	+1.16	+3.92%
Copper • 294 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.60	+0.48	+0.73%
Natural Gas • 10 mins	2.994	-0.028	-0.93%
Heating Oil • 16 mins	2.139	+0.012	+0.57%

Headlines

679 days Will The ECB Continue To Hike Rates?
679 days Forbes: Aramco Remains Largest Company In The Middle East
681 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,081 days Could Crypto Overtake Traditional Investment?
1,086 days Americans Still Quitting Jobs At Record Pace
1,088 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,091 days Is The Dollar Too Strong?
1,091 days Big Tech Disappoints Investors on Earnings Calls
1,092 days Fear And Celebration On Twitter as Musk Takes The Reins
1,093 days China Is Quietly Trying To Distance Itself From Russia
1,094 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,098 days Crypto Investors Won Big In 2021
1,098 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,099 days Food Prices Are Skyrocketing As Putin’s War Persists
1,101 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,102 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,105 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,106 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,106 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,108 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

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 - Short-Term Bullish

By - Nov 27, 2015, 5:49 AM CST

EUR/CHF is pushing higher. Yet the technical structure indicates that the pair is trading without any real direction (lower highs and higher lows). Yet, a medium-term term bearish bias is still favoured. Hourly support lies at 1.0733 (28/08/2015 low). Resistance can be found at 1.0908 (declining channel resistance).

In the longer term, the technical structure remains negative as long as prices remain below the resistance 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