Commodity Prices

Gold •10 mins	1,314.20	+7.70	+0.59%
Platinum •10 mins	866.10	+13.50	+1.58%
Bitcoin •1 min	4,024.26	+32.89	+0.82%
WTI Crude •11 mins	60.14	+0.85	+1.43%
Gasoline •11 mins	1.891	+0.017	+0.88%
Silver •10 mins	15.50	+0.13	+0.83%

Silver • 10 mins	15.50	+0.13	+0.83%
Copper • 10 mins	2.932	+0.009	+0.29%
Ethereum • 1 min	138.02	-0.24	-0.17%
Brent Crude • 11 mins	68.20	+0.78	+1.16%
Natural Gas • 10 mins	2.834	-0.038	-1.32%

Headlines

3 hours Gold Hangs At $1,300 Ahead Of Fed Meeting
5 hours Champagne Sales Slow As European Economic Worries Grow Louder
21 hours Putin Signs “Digital Iron Curtain” Into Law
24 hours Russian Metals Magnate Sues U.S. Over Sanctions
1 day Tesla Looks To Jump Into Indian Market
1 day Global Banks Lay Groundwork To Re-Inflate Asset Prices
2 days Homeowners Experiment With Risky New Investment Trend
2 days U.S. Tech Stocks Look Increasingly Vulnerable
2 days De Beers To Expand World’s Most Profitable Diamond Mine
2 days Ford CEO Gets Raise After Massive Layoff Round
3 days Germany’s Flirtation With Recession Could Cripple The Global Economy
3 days Where To Look As Gold Miners Inch Higher
4 days Google Faces Billions In Fines From European Regulators
4 days The Energy Industry Has A Millennial Problem
5 days Russian Banks Scramble For Sanction Loopholes
5 days Gold ETFs Take A Hit After Four-Month Run
6 days European Union Takes Aim At Ten New Tax Havens
6 days Goldman Defends Trillion-Dollar Corporate Buyback Spree
6 days $600 Billion At Risk As Boeing Fallout Continues
6 days Venezuela Has Yet Another Crisis Developing

How Big Pharma Is Profiting On The Opiate Problem They Created

In the middle of a…

The Chatroom Cartel Running Global Bond Markets

Eight major banks have been…

Lending: The Good, Bad, And Ugly

Aristotle said, “The most hated…

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