Commodity Prices

Gold •10 mins	1,829.90	-21.50	-1.16%
Platinum •10 mins	1,078.70	-47.70	-4.23%
WTI Crude •8 hours	52.36	-1.21	-2.26%
Gasoline •8 hours	1.528	-0.026	-1.64%
Ethanol •8 hours	1.630	-0.108	-6.21%
Silver •10 mins	24.87	-0.94	-3.63%

Silver • 10 mins	24.87	-0.94	-3.63%
Copper • 10 mins	3.602	-0.063	-1.71%
Brent Crude • 4 hours	55.10	-1.32	-2.34%
Natural Gas • 8 hours	2.737	+0.071	+2.66%
Heating Oil • 8 hours	1.593	-0.027	-1.64%

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USD/CHF - Continued Weakness

By - Feb 01, 2017, 6:35 AM CST

USD/CHF's momentum is bearish. Yet, the selling pressures are being reduced below parity. Key resistance is given at a distance at 1.0344 (15/12/2016 high). The road is clearly 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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