Commodity Prices

Gold •15 mins	1,645.70	+8.00	+0.49%
Platinum •15 mins	718.10	-11.90	-1.63%
WTI Crude •1 day	28.34	+3.02	+11.93%
Gasoline •1 day	0.692	+0.029	+4.35%
Ethanol •1 day	0.864	-0.001	-0.12%
Silver •15 mins	14.49	-0.16	-1.09%

Silver • 15 mins	14.49	-0.16	-1.09%
Copper • 15 mins	2.193	-0.026	-1.17%
Brent Crude • 1 day	34.11	+4.17	+13.93%
Natural Gas • 1 day	1.621	+0.069	+4.45%
Heating Oil • 1 day	1.071	+0.076	+7.59%

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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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