Commodity Prices

Gold •10 mins	1,571.30	+5.90	+0.38%
Platinum •10 mins	1,010.10	+2.80	+0.28%
WTI Crude •1 day	54.19	-1.40	-2.52%
Gasoline •1 day	1.526	-0.047	-2.99%
Ethanol •1 day	1.335	-0.019	-1.40%
Silver •10 mins	18.12	+0.29	+1.63%

Silver • 10 mins	18.12	+0.29	+1.63%
Copper • 10 mins	2.684	-0.043	-1.56%
Brent Crude • 1 day	59.89	-1.39	-2.27%
Natural Gas • 1 day	1.870	-0.034	-1.79%
Heating Oil • 1 day	1.737	-0.057	-3.17%

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USD/CHF - Time To Reload Bearish Positions

By - Feb 06, 2017, 6:25 AM CST

USD/CHF's momentum is definitely bearish. Key resistance is given at a distance at 1.0344 (15/12/2016 high). Closer resistance is given at 0.9935 (03/02/2016 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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