Commodity Prices

Gold •10 mins	2,413.80	+15.80	+0.66%
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WTI Crude •2 hours	83.14	+0.41	+0.50%
Gasoline •2 hours	2.710	-0.003	-0.13%
Ethanol •1 hour	2.161	+0.000	+0.00%
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Silver • 10 mins	28.84	+0.46	+1.63%
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Brent Crude • 40 mins	87.29	+0.18	+0.21%
Natural Gas • 2 hours	1.752	-0.005	-0.28%
Heating Oil • 2 hours	2.541	+0.007	+0.29%

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USD/CHF - Short-Term Bullish

By - Dec 01, 2016, 6:42 AM CST

USD/CHF remains in an uptrend channel. The technical structure bullish. Key support is given at the parity. Hourly resistance at 1.0192 (24/11/2016 high) has been broken. 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.

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