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Gold •15 mins	1,787.60	-2.40	-0.13%
Platinum •15 mins	825.70	-5.90	-0.71%
WTI Crude •11 mins	40.22	-0.43	-1.06%
Gasoline •11 mins	1.248	-0.011	-0.90%
Ethanol •14 hours	1.310	+0.101	+8.35%
Silver •15 mins	18.28	-0.04	-0.23%

Silver • 15 mins	18.28	-0.04	-0.23%
Copper • 15 mins	2.726	-0.023	-0.82%
Brent Crude • 11 mins	42.70	-0.44	-1.02%
Natural Gas • 11 mins	1.737	+0.003	+0.17%
Heating Oil • 11 mins	1.220	-0.011	-0.89%

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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).

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