Commodity Prices

Gold •345 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,211.90	-63.20	-4.96%
WTI Crude •10 hours	72.98	+4.94	+7.26%
Gasoline •10 hours	2.228	+0.085	+3.95%
Ethanol •345 days	2.161	+0.000	+0.00%
Silver •345 days	30.82	+1.16	+3.92%

Silver • 345 days	30.82	+1.16	+3.92%
Copper • 345 days	4.530	+0.111	+2.51%
Brent Crude • 9 hours	74.23	+4.87	+7.02%
Natural Gas • 10 hours	3.581	+0.089	+2.55%
Heating Oil • 10 hours	2.359	+0.170	+7.77%

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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