"No warning can save people determined to grow suddently rich" - Lord Overstone
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Gold •10 mins | 1,407.50 | -3.70 | -0.26% |
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Platinum •10 mins | 844.30 | -2.60 | -0.31% |
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Bitcoin •1 min | 9,561.80 | -1,260.90 | -11.65% |
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WTI Crude •11 mins | 57.59 | -0.03 | -0.05% |
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Gasoline •14 mins | 1.849 | +0.004 | +0.21% |
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Silver •10 mins | 15.60 | -0.08 | -0.53% |
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Silver • 10 mins | 15.60 | -0.08 | -0.53% | |
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Copper • 10 mins | 2.696 | -0.004 | -0.15% | |
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Ethereum • 1 min | 201.82 | -26.96 | -11.79% | |
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Brent Crude • 40 mins | 64.35 | -2.13 | -3.20% | |
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Natural Gas • 11 mins | 2.301 | +0.015 | +0.66% |
Modern monetary theory has been…
Welcome to Art Basel: The…
Stocks sold off last week…
USD/CHF's momentum is clearly bearish. The pair has broken parity. Key resistance is given at a distance at 1.0344 (15/12/2016 high). The road is wide-open for further decline.
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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