Commodity Prices

Gold •370 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,373.40	-17.90	-1.29%
WTI Crude •10 mins	68.82	+0.49	+0.72%
Gasoline •10 mins	2.201	+0.016	+0.72%
Ethanol •370 days	2.161	+0.000	+0.00%
Silver •370 days	30.82	+1.16	+3.92%

Silver • 370 days	30.82	+1.16	+3.92%
Copper • 370 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	70.62	+0.47	+0.67%
Natural Gas • 10 mins	3.288	-0.052	-1.56%
Heating Oil • 10 mins	2.461	+0.020	+0.82%

Headlines

755 days Will The ECB Continue To Hike Rates?
755 days Forbes: Aramco Remains Largest Company In The Middle East
757 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,157 days Could Crypto Overtake Traditional Investment?
1,161 days Americans Still Quitting Jobs At Record Pace
1,163 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,167 days Is The Dollar Too Strong?
1,167 days Big Tech Disappoints Investors on Earnings Calls
1,168 days Fear And Celebration On Twitter as Musk Takes The Reins
1,169 days China Is Quietly Trying To Distance Itself From Russia
1,170 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,174 days Crypto Investors Won Big In 2021
1,174 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,175 days Food Prices Are Skyrocketing As Putin’s War Persists
1,177 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,177 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,181 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,182 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,182 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,184 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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