Commodity Prices

Gold •309 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	987.90	+8.40	+0.86%
WTI Crude •10 mins	60.80	+0.89	+1.49%
Gasoline •11 mins	2.102	+0.017	+0.80%
Ethanol •309 days	2.161	+0.000	+0.00%
Silver •309 days	30.82	+1.16	+3.92%

Silver • 309 days	30.82	+1.16	+3.92%
Copper • 309 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	63.74	+0.90	+1.43%
Natural Gas • 10 mins	3.651	+0.059	+1.64%
Heating Oil • 10 mins	2.064	+0.024	+1.16%

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EUR/CHF - Buying Pressures Increase... But Slightly

By - Nov 28, 2016, 7:24 AM CST

EUR/CHF is trading sideways. Yet, the pair is still way into a medium-term bearish momentum which should not last long as the SNB is defending the franc. Expected to bounce back way above 1.0800. Strong support is given at 1.0686 (18//11/2016 low).

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