Commodity Prices

Gold •10 mins	1,515.10	+8.90	+0.59%
Platinum •10 mins	942.60	+0.20	+0.02%
WTI Crude •5 hours	58.09	-0.10	-0.17%
Gasoline •5 hours	1.647	-0.016	-0.97%
Ethanol •8 hours	1.362	-0.012	-0.87%
Silver •10 mins	17.85	-0.04	-0.20%

Silver • 10 mins	17.85	-0.04	-0.20%
Copper • 10 mins	2.607	-0.002	-0.08%
Brent Crude • 4 hours	63.20	-0.13	-0.21%
Natural Gas • 5 hours	2.555	-0.014	-0.54%
Heating Oil • 5 hours	1.982	-0.017	-0.87%

Headlines

3 hours $5 Million Gold Toilet Vanishes
3 hours Gold On The Rise After Fed Rate Cut
6 hours Oil Trader Loses $320 Million On Derivative Bets
1 day S&P 500 Officially In An Earnings Recession
1 day Miners Are Weathering The Trade War Storm
1 day UK Credit Card Interest Rates Are Skyrocketing
2 days From Frenzy To Flop, The Death Of This Year’s Most Hyped IPO
2 days Are Smart TVs Spying On Us?
2 days Is Fossil Fuel Divestment A Waste Of Time?
3 days A Russian Billionaire’s Space Quest To Save Humanity
3 days Markets Take Breather As Consolidation Continues
3 days Economic Woes Weigh On Copper Prices
3 days World's Largest IPO At Risk Following Drone Strikes
4 days Gold Is Beating Buffett’s Berkshire Hathaway
4 days What’s Behind The Silver Sell-Off?
4 days The Retail Apocalypse Is Accelerating
4 days The Top Tech Stocks Of The Year
5 days America’s Workforce Elderly Workforce To Double By 2028
5 days Toyota Tests Solar-Powered Prius
6 days Why The Gold Rally Flatlined

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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