Commodity Prices

Gold •848 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,438.70	-54.60	-3.66%
WTI Crude •10 mins	103.60	+1.60	+1.57%
Gasoline •18 mins	3.268	+0.083	+2.59%
Ethanol •848 days	2.161	+0.000	+0.00%
Silver •848 days	30.82	+1.16	+3.92%

Silver • 848 days	30.82	+1.16	+3.92%
Copper • 848 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	117.30	+2.42	+2.11%
Natural Gas • 10 mins	2.891	-0.061	-2.07%
Heating Oil • 15 mins	4.814	+0.078	+1.66%

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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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