Commodity Prices

Gold •421 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,364.50	+2.80	+0.21%
WTI Crude •10 mins	64.27	-0.33	-0.51%
Gasoline •1 hour	2.199	+0.050	+2.34%
Ethanol •421 days	2.161	+0.000	+0.00%
Silver •421 days	30.82	+1.16	+3.92%

Silver • 421 days	30.82	+1.16	+3.92%
Copper • 421 days	4.530	+0.111	+2.51%
Brent Crude • 25 mins	68.62	+0.57	+0.84%
Natural Gas • 10 mins	2.983	+0.039	+1.32%
Heating Oil • 20 mins	2.293	-0.017	-0.71%

Headlines

805 days Will The ECB Continue To Hike Rates?
806 days Forbes: Aramco Remains Largest Company In The Middle East
807 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,207 days Could Crypto Overtake Traditional Investment?
1,212 days Americans Still Quitting Jobs At Record Pace
1,214 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,217 days Is The Dollar Too Strong?
1,217 days Big Tech Disappoints Investors on Earnings Calls
1,218 days Fear And Celebration On Twitter as Musk Takes The Reins
1,220 days China Is Quietly Trying To Distance Itself From Russia
1,220 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,224 days Crypto Investors Won Big In 2021
1,224 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,225 days Food Prices Are Skyrocketing As Putin’s War Persists
1,227 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,228 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,231 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,232 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,232 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,234 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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

EUR/CHF - Collapse

By - Sep 30, 2016, 7:12 AM CDT

EUR/CHF continues to decline sharply today. The support at 1.0826 has been breached, confirming an underlying downtrend. Key resistance still lies at 1.0848 (29/09/2016 high) while support can be found at 1.0789 (29/07/2016 low). Expected to see further weakness.

In the longer term, the technical structure remains positive. Resistance can be found at 1.1200 (04/02/2015 high). Yet,the ECB's QE programme is likely to cause persistent selling pressures on the euro, which should weigh on EUR/CHF. Supports can be found at 1.0184 (28/01/2015 low) and 1.0082 (27/01/2015 low).

Daily Technical Report