Commodity Prices

Gold •376 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,414.60	-3.40	-0.24%
WTI Crude •10 mins	66.77	-0.21	-0.31%
Gasoline •18 mins	2.161	-0.005	-0.22%
Ethanol •376 days	2.161	+0.000	+0.00%
Silver •376 days	30.82	+1.16	+3.92%

Silver • 376 days	30.82	+1.16	+3.92%
Copper • 376 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	69.05	-0.16	-0.23%
Natural Gas • 11 mins	3.448	-0.018	-0.52%
Heating Oil • 12 mins	2.378	-0.012	-0.49%

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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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