Commodity Prices

Gold •658 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,042.00	-46.10	-2.21%
WTI Crude •11 mins	93.12	+0.16	+0.17%
Gasoline •11 mins	3.367	+0.009	+0.26%
Ethanol •658 days	2.161	+0.000	+0.00%
Silver •658 days	30.82	+1.16	+3.92%

Silver • 658 days	30.82	+1.16	+3.92%
Copper • 658 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	102.44	+0.53	+0.52%
Natural Gas • 11 mins	2.602	-0.120	-4.41%
Heating Oil • 11 mins	3.882	-0.056	-1.41%

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USD/CHF - Growing Bearish Momentum

By - Jan 25, 2017, 6:25 AM CST

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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