Commodity Prices

Gold •309 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	999.90	+20.40	+2.08%
WTI Crude •10 mins	60.68	+0.77	+1.29%
Gasoline •10 mins	2.095	+0.010	+0.47%
Ethanol •309 days	2.161	+0.000	+0.00%
Silver •309 days	30.82	+1.16	+3.92%

Silver • 309 days	30.82	+1.16	+3.92%
Copper • 309 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	63.61	+0.77	+1.23%
Natural Gas • 10 mins	3.789	+0.197	+5.48%
Heating Oil • 10 mins	2.052	+0.012	+0.60%

Headlines

694 days Will The ECB Continue To Hike Rates?
694 days Forbes: Aramco Remains Largest Company In The Middle East
696 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,096 days Could Crypto Overtake Traditional Investment?
1,101 days Americans Still Quitting Jobs At Record Pace
1,103 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,106 days Is The Dollar Too Strong?
1,106 days Big Tech Disappoints Investors on Earnings Calls
1,107 days Fear And Celebration On Twitter as Musk Takes The Reins
1,109 days China Is Quietly Trying To Distance Itself From Russia
1,109 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,113 days Crypto Investors Won Big In 2021
1,113 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,114 days Food Prices Are Skyrocketing As Putin’s War Persists
1,116 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,117 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,120 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,121 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,121 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,123 days Are NFTs About To Take Over Gaming?

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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

USD/CHF - Riding Short-Term Uptrend Channel

By - Feb 24, 2016, 6:03 AM CST

USD/CHF is riding the uptrend channel. Hourly resistance is given at 1.0003 (22/02/2016 high). Stronger resistance is given at 1.0074 (04/02/2016 high). Hourly support can be found at 0.9896 (23/02/2016 low). Stronger support is given at 0.9847 (16/02/2016 low). Expected to see further strengthening.

In the long-term, the pair is setting highs since mid-2015. Key support can be found 0.8986 (30/01/2015 low). The technical structure favours a long term bullish bias.

Daily Technical Report