Commodity Prices

Gold •643 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,033.20	+85.30	+4.38%
WTI Crude •11 mins	96.28	-16.67	-14.76%
Gasoline •11 mins	2.975	-0.331	-10.00%
Ethanol •643 days	2.161	+0.000	+0.00%
Silver •643 days	30.82	+1.16	+3.92%

Silver • 643 days	30.82	+1.16	+3.92%
Copper • 643 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	95.21	-14.06	-12.87%
Natural Gas • 11 mins	2.754	-0.116	-4.04%
Heating Oil • 11 mins	3.712	-0.765	-17.09%

Headlines

1,027 days Will The ECB Continue To Hike Rates?
1,028 days Forbes: Aramco Remains Largest Company In The Middle East
1,030 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,429 days Could Crypto Overtake Traditional Investment?
1,434 days Americans Still Quitting Jobs At Record Pace
1,436 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,439 days Is The Dollar Too Strong?
1,439 days Big Tech Disappoints Investors on Earnings Calls
1,440 days Fear And Celebration On Twitter as Musk Takes The Reins
1,442 days China Is Quietly Trying To Distance Itself From Russia
1,442 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,446 days Crypto Investors Won Big In 2021
1,446 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,447 days Food Prices Are Skyrocketing As Putin’s War Persists
1,449 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,450 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,453 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,454 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,454 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,456 days Are NFTs About To Take Over Gaming?

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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

USD/CHF - Stalling Below 1.0200

By - Nov 29, 2016, 7:15 AM CST

USD/CHF rally has faded. The technical structure remains nonetheless bullish. We monitor key support given at the parity. Hourly resistance lies at 1.0192 (24/11/2016 high). Expected to see further monitoring of the resistance area around 1.0200.

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 nonetheless a long term bullish bias since the unpeg in January 2015.

Daily Technical Report