Commodity Prices

Gold •15 mins	1,184.20	+0.20	+0.02%
Platinum •15 mins	777.30	-7.20	-0.92%
Bitcoin •1 min	6,345.58	-144.94	-2.23%
WTI Crude •18 hours	65.21	+0.33	+0.51%
Gasoline •18 hours	1.884	-0.001	-0.06%
Silver •15 mins	14.63	-0.08	-0.56%

Silver • 15 mins	14.63	-0.08	-0.56%
Copper • 15 mins	2.629	+0.013	+0.48%
Ethereum • 1 min	287.95	-8.79	-2.96%
Brent Crude • 18 hours	71.83	+0.40	+0.56%
Natural Gas • 18 hours	2.949	+0.036	+1.24%

Headlines

18 hours Did North Korean Hackers Just Steal $13M From Global ATMs?
19 hours Asian Tech Stocks Rebound After A Tough Week
20 hours Switzerland Bans New Audi, Mercedes, Porsche Imports
21 hours Sealing Off The North Korea Smuggling Loophole
23 hours This Tech Giant Is Pushing For Blockchain Adoption
1 day Venezuela’s Gold Reserves Are Reaching Critical Levels
2 days Brexit Woes Weigh On The British Pound
2 days Forget Turkey, This Is The Biggest Threat To European Finance
2 days There’s No Hiding From Google
2 days Turkish Lira Bounces Back After Qatar Bailout Pledge
2 days What Happens If Tesla Goes Private?
2 days China's Most Powerful Weapon In The Trade War
2 days Can The S&P 500 Shake Off Negative Sentiment?
3 days Standards Go Out The Window As Employers Struggle To Fill Jobs
3 days The Two Trillion Dollar Markets Amazon Hasn’t Conquered
3 days Digital Supermodels Outperform Humans
3 days France Could Lose Billions In EU Trade Route Redirection
3 days Beer Giants Are Striking Out With Millennials
3 days What Is Bakkt And Can It Take Bitcoin Mainstream?
3 days Tesla’s Board Delivers A Stern Message To Elon Musk

Treasury Mulling Unilateral $100B Capital Gains Tax Cut

Rumors of a new tax…

U.S.-Turkey Tensions Take A Dangerous Turn

U.S.-Turkey tensions have reached a…

Time To Buy A Lada? Russian Auto Sales Are Booming

Russia’s flagship carmaker was once…

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

USD/CHF - Buying Pressures Start To Fade

By - Jun 29, 2016, 6:10 AM CDT

USD/CHF's upside move is now fading. Hourly resistance is given at 0.9837 (28/06/2016 high). The road is nonetheless wide-open to further resistance at 0.9920 (03/06/2016 high). Hourly support is given at 0.9648 (24/06/2016 low).

In the long-term, the pair is still trading in range since 2011 despite some turmoil when the SNB unpegged the CHF. Key support can be found 0.8986 (30/01/2015 low). The technical structure favours a long term bullish bias since last December.

Daily Technical Report