Commodity Prices

Gold •439 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,411.80	-5.40	-0.38%
WTI Crude •11 mins	63.48	+0.18	+0.28%
Gasoline •16 mins	2.016	+0.003	+0.14%
Ethanol •439 days	2.161	+0.000	+0.00%
Silver •439 days	30.82	+1.16	+3.92%

Silver • 439 days	30.82	+1.16	+3.92%
Copper • 439 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.64	+0.20	+0.30%
Natural Gas • 11 mins	3.022	-0.021	-0.69%
Heating Oil • 11 mins	2.337	+0.006	+0.24%

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USD/CHF - Direction-Less

By - May 13, 2016, 5:21 AM CDT

USD/CHF is trading without strong momentum. Hourly resistance can be found at 0.9797 (22/04/2016 high) while a break of hourly support is located at 0.9652 (06/05/2016 low) would confirm deeper selling pressures. Indeed the medium-term momentum is bearish. Expected to show further consolidation.

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.

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