Commodity Prices

Gold •413 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,353.30	+11.70	+0.87%
WTI Crude •10 mins	63.24	+0.53	+0.85%
Gasoline •10 mins	2.153	+0.025	+1.16%
Ethanol •413 days	2.161	+0.000	+0.00%
Silver •413 days	30.82	+1.16	+3.92%

Silver • 413 days	30.82	+1.16	+3.92%
Copper • 413 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.39	+0.55	+0.82%
Natural Gas • 10 mins	2.826	+0.074	+2.69%
Heating Oil • 10 mins	2.329	+0.049	+2.17%

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USD/CHF - The Resistance at 1.0900 Has Been Broken

By - Jul 27, 2016, 6:34 AM CDT

USD/CHF continues to post higher lows, indicating a persistent short-term buying interest. However, given the resistance area between 0.9949 and 1.0328, the upside potential seems limited. Hourly support at 0.9910 (intraday low) and 0.9764 (14/07/2016 high).

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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