"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •275 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 914.60 | -42.00 | -4.39% |
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WTI Crude •7 hours | 61.99 | -4.96 | -7.41% |
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Gasoline •7 hours | 2.055 | -0.110 | -5.07% |
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Ethanol •275 days | 2.161 | +0.000 | +0.00% |
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Silver •275 days | 30.82 | +1.16 | +3.92% |
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Silver • 275 days | 30.82 | +1.16 | +3.92% | |
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Copper • 275 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 6 hours | 65.58 | -4.56 | -6.50% | |
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Natural Gas • 7 hours | 3.837 | -0.301 | -7.27% | |
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Heating Oil • 7 hours | 2.082 | -0.107 | -4.89% |
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USD/CHF is pushing higher and bullish momentum continues. Hourly resistance at 0.9913 (16/03/2016 high) has been broken while a break of strong support located at 0.9652 (06/05/2016 low) would confirm significant selling pressures. Expected to show continued 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.
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