Commodity Prices

Gold •234 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	987.70	-9.50	-0.95%
WTI Crude •1 day	70.40	-2.08	-2.87%
Gasoline •1 day	2.027	-0.060	-2.87%
Ethanol •234 days	2.161	+0.000	+0.00%
Silver •234 days	30.82	+1.16	+3.92%

Silver • 234 days	30.82	+1.16	+3.92%
Copper • 234 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	74.43	-2.05	-2.68%
Natural Gas • 1 day	4.234	+0.082	+1.97%
Heating Oil • 1 day	2.432	-0.071	-2.84%

Headlines

619 days Will The ECB Continue To Hike Rates?
619 days Forbes: Aramco Remains Largest Company In The Middle East
621 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,021 days Could Crypto Overtake Traditional Investment?
1,026 days Americans Still Quitting Jobs At Record Pace
1,028 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,031 days Is The Dollar Too Strong?
1,031 days Big Tech Disappoints Investors on Earnings Calls
1,032 days Fear And Celebration On Twitter as Musk Takes The Reins
1,033 days China Is Quietly Trying To Distance Itself From Russia
1,034 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,038 days Crypto Investors Won Big In 2021
1,038 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,039 days Food Prices Are Skyrocketing As Putin’s War Persists
1,041 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,042 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,045 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,046 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,046 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,048 days Are NFTs About To Take Over Gaming?

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Trade In Counterfeit Goods Hits Half A Trillion Dollars

The counterfeit market has breached…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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 - Monitoring Again 1.1100

By - Jun 06, 2016, 6:01 AM CDT

EUR/CHF is trading up and down without massive volatility. Hourly resistance is located at 1.1128 (20/05/2016 high) while hourly support lies at 1.1015 (18/05/2016 low). Stronger support is given at 1.0843 (23/03/2016 low). The pair still lies within a symmetrical triangle and we expect the pair to bounce back towards 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