Commodity Prices

Gold •293 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	960.40	-6.70	-0.69%
WTI Crude •10 mins	64.35	+1.27	+2.01%
Gasoline •10 mins	2.105	+0.040	+1.92%
Ethanol •293 days	2.161	+0.000	+0.00%
Silver •293 days	30.82	+1.16	+3.92%

Silver • 293 days	30.82	+1.16	+3.92%
Copper • 293 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	67.50	+1.24	+1.87%
Natural Gas • 10 mins	3.012	-0.004	-0.13%
Heating Oil • 10 mins	2.153	+0.044	+2.09%

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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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