Commodity Prices

Gold •695 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,929.50	+2.20	+0.11%
WTI Crude •2 hours	87.36	-1.54	-1.73%
Gasoline •2 hours	3.034	-0.067	-2.14%
Ethanol •695 days	2.161	+0.000	+0.00%
Silver •695 days	30.82	+1.16	+3.92%

Silver • 695 days	30.82	+1.16	+3.92%
Copper • 695 days	4.530	+0.111	+2.51%
Brent Crude • 59 mins	91.12	-1.58	-1.70%
Natural Gas • 2 hours	3.290	+0.005	+0.15%
Heating Oil • 4 hours	3.533	-0.086	-2.37%

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EUR/CHF - Further Bullish Move?

By - Dec 21, 2015, 5:08 AM CST

EUR/CHF is trading the symmetrical triangle but the upper bound is targeted. Hourly support lies at 1.0733 (28/08/2015 low) and hourly resistance can be found at 1.0956 (29/09/2015 high). Expected to break the upper bound of the symmetrical triangle.

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