Commodity Prices

Gold •624 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,943.70	-112.90	-5.49%
WTI Crude •30 mins	95.55	+0.09	+0.09%
Gasoline •31 mins	3.127	+0.029	+0.92%
Ethanol •624 days	2.161	+0.000	+0.00%
Silver •624 days	30.82	+1.16	+3.92%

Silver • 624 days	30.82	+1.16	+3.92%
Copper • 624 days	4.530	+0.111	+2.51%
Brent Crude • 13 mins	107.76	+0.38	+0.35%
Natural Gas • 30 mins	3.166	+0.101	+3.30%
Heating Oil • 30 mins	4.342	+0.144	+3.44%

Headlines

1,008 days Will The ECB Continue To Hike Rates?
1,009 days Forbes: Aramco Remains Largest Company In The Middle East
1,010 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,410 days Could Crypto Overtake Traditional Investment?
1,415 days Americans Still Quitting Jobs At Record Pace
1,417 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,420 days Is The Dollar Too Strong?
1,420 days Big Tech Disappoints Investors on Earnings Calls
1,421 days Fear And Celebration On Twitter as Musk Takes The Reins
1,423 days China Is Quietly Trying To Distance Itself From Russia
1,423 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,427 days Crypto Investors Won Big In 2021
1,427 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,428 days Food Prices Are Skyrocketing As Putin’s War Persists
1,430 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,431 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,434 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,435 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,435 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,437 days Are NFTs About To Take Over Gaming?

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

EUR/CHF - Volatility Declines

By - Jun 02, 2017, 7:02 AM CDT

EUR/CHF is trading mixed. Yet the pair is declining towards support given at 1.0866 (18/05/2017 low). We believe that the medium-term pattern suggests us to see continued bearish pressures towards key support that can be found at 1.0623 (24/06/2016 low).

In the longer term, the technical structure is mixed. Resistance can be found at 1.1200 (04/02/2015 high). Yet,the ECB's QE programme is likely to cause persistent selling pressures on the euro, which should weigh on EUR/CHF. Supports can be found at 1.0184 (28/01/2015 low) and 1.0082 (27/01/2015 low).

Daily Technical Report