Commodity Prices

Gold •10 mins	1,670.90	+2.30	+0.14%
Platinum •10 mins	858.20	-2.00	-0.23%
WTI Crude •11 mins	79.63	-1.60	-1.97%
Gasoline •10 mins	2.465	-0.042	-1.69%
Ethanol •13 hours	2.161	+0.000	+0.00%
Silver •10 mins	19.05	+0.34	+1.81%

Silver • 10 mins	19.05	+0.34	+1.81%
Copper • 10 mins	3.401	-0.017	-0.50%
Brent Crude • 15 mins	87.96	-0.53	-0.60%
Natural Gas • 10 mins	6.807	-0.067	-0.97%
Heating Oil • 10 mins	3.371	-0.043	-1.27%

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USD/CHF - Drifting Lower

By - Jul 05, 2016, 11:57 AM CDT

USD/CHF's upside has faded. Hourly support is given at 0.9711 (01/07/2016 low) has been broken. The pair is heading toward hourly support at 0.9648 (24/06/2016 high). Expected to further weaken.

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.

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