Commodity Prices

Gold •434 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,397.80	+25.70	+1.87%
WTI Crude •55 mins	63.67	+1.04	+1.66%
Gasoline •55 mins	2.008	+0.016	+0.78%
Ethanol •434 days	2.161	+0.000	+0.00%
Silver •434 days	30.82	+1.16	+3.92%

Silver • 434 days	30.82	+1.16	+3.92%
Copper • 434 days	4.530	+0.111	+2.51%
Brent Crude • 12 mins	67.57	+1.18	+1.78%
Natural Gas • 55 mins	3.029	-0.088	-2.82%
Heating Oil • 55 mins	2.334	+0.014	+0.59%

Headlines

818 days Will The ECB Continue To Hike Rates?
819 days Forbes: Aramco Remains Largest Company In The Middle East
820 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,220 days Could Crypto Overtake Traditional Investment?
1,225 days Americans Still Quitting Jobs At Record Pace
1,227 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,230 days Is The Dollar Too Strong?
1,230 days Big Tech Disappoints Investors on Earnings Calls
1,231 days Fear And Celebration On Twitter as Musk Takes The Reins
1,233 days China Is Quietly Trying To Distance Itself From Russia
1,233 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,237 days Crypto Investors Won Big In 2021
1,237 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,238 days Food Prices Are Skyrocketing As Putin’s War Persists
1,240 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,241 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,244 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,245 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,245 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,247 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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 - Approaching Resistance At 1.1061

By - May 06, 2016, 5:58 AM CDT

EUR/CHF has finally erased 1.1000. Hourly resistance can be found at 1.1061 (17/02/2016 high) while hourly support lies at 1.0955 (29/04/2016 low). Stronger support is given at 1.0863 (23/03/2016 low). Expected to break resistance at 1.1061 in the very-short term.

In the longer term, the technical structure remains positive. Resistance can be found at 1.1200 (04/02/2015 high). Yet,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