Commodity Prices

Gold •805 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,796.40	+10.50	+0.59%
WTI Crude •10 mins	101.36	-1.07	-1.04%
Gasoline •11 mins	3.494	+0.009	+0.26%
Ethanol •805 days	2.161	+0.000	+0.00%
Silver •805 days	30.82	+1.16	+3.92%

Silver • 805 days	30.82	+1.16	+3.92%
Copper • 805 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	104.37	-1.46	-1.38%
Natural Gas • 11 mins	2.901	+0.010	+0.35%
Heating Oil • 11 mins	5.106	-0.140	-2.67%

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EUR/CHF - Targeting Again 1.1000

By - May 18, 2016, 6:02 AM CDT

EUR/CHF is approaching again towards 1.1100. Hourly resistance is located at 1.1108 (10/05/2016 high) while hourly support lies at 1.1015 (13/05/2016 low). Stronger support is given at 1.0863 (23/03/2016 low). The technical structure suggests that the pair should increase until 1.1200.

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