Commodity Prices

Gold •10 mins	1,231.10	+7.10	+0.58%
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Bitcoin •1 min	7,393.26	+59.06	+0.81%
WTI Crude •1 day	68.26	+0.02	+0.03%
Gasoline •1 day	2.034	+0.021	+1.03%
Silver •10 mins	15.55	+0.15	+0.95%

Silver • 10 mins	15.55	+0.15	+0.95%
Copper • 10 mins	2.756	+0.061	+2.24%
Ethereum • 1 min	461.40	+0.05	+0.01%
Brent Crude • 1 day	73.07	+0.49	+0.68%
Natural Gas • 1 day	2.728	-0.008	-0.29%

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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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