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Crude oil is showing signs of recovery after trading lower the previous day. Strong support is given at 60.93 (05/01/2018 low). Expected to keep increasing as demand remains strong.

In the long-term, crude oil has recovered after its sharp decline last year. However, we consider that further weakness is very likely. For the time being the pair lies in an upside trend since June 2017. Support lies at 42.20 (16/11/2016) while resistance point is located at 77.83 (20/11/2014). Crude oil is trading largely above its 200 DMA.

Silver is bouncing up but trades below 17. The short-term technical structure is turning negative. Hourly resistance lies at 18.21 (08/09/2017 high). The technical structure suggests further short-term increase.

In the long-term, the trend remains negative/ sideways. Further downside is very likely. The pair is trading slightly above its 200 DMA. Resistance is located at 21.58 (10/07/2014 high). Strong support can be found at 11.75 (20/04/2009).

Gold is trading higher following yesterday's sideways trading. Hourly support at 1'331 (23/01/2018 low) is now broken and further support remains at 1'323 (12/01/2018 low). The technical structure suggests further short-term upside moves.

In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1'392 (17/03/2014) is required to confirm it. A major support can be found at 1'045 (05/02/2010 low).

Bitcoin is trading lower. Hourly support at 5'605 (13/11/2017 low) approaches while resistance is located at 12'130 (18/01/2018 high). The short-term technical structure suggests further decline.

In the long-term, the digital currency has had an exponential growth but also presented important downturns. There is decent likelihood that the currency could stabilize between 7'000 - 12'000 in 2018. Bitcoin is trading slightly above its 200 DMA (6'000 range).

EUR/CHF buying pressure continues. Hourly resistance is given at 1.1685 (26/01/2018 high). Expected to show further short-term upside moves.

In the longer term, the technical structure has reversed. Strong resistance is given at 1.20 (level before the unpeg). Yet, the ECB's slowing QE program is likely to cause buying pressures on the euro, which should weigh in favour of the EUR/CHF. Supports can be found at 1.0184 (28/01/2015 low) and 1.0082 (27/01/2015 low).

EUR/GBP is trading higher and heads towards hourly resistance at 0.8929 (12/01/2018 high). Hourly resistance at 0.8846 (19/02/2018) is now reached. The technical structure suggests further short-term upside move.

In the long-term, the pair has largely recovered from lows in 2015. The technical structure suggests an upside momentum. The pair is trading above the range of its 200 DMA. Strong resistance can be found at 0.9500 (psychological level).

AUD/USD is slowly recovering from its recent decline. Support at 0.7849 (12/01/2018 low) is now broken. The technical structure suggests short-term increase.

In the long-term, the trend is turning positive, yet fails reaching key resistance at 0.8164 (14/05/2015 low). Key support stands at 0.6009 (31/10/2008 low). A break of the key resistance at 0.8164 (14/05/2015 high) is needed to invalidate our long-term bearish view.

USD/CAD is weakening after having broken hourly resistance at 1.2520 (17/01/2018 high). Resistance is now given at 1.2589 (01/01/2018). The technical structure indicates that further short-term weakness is expected.

In the longer term, the pair is trading between resistance point at 1.3805 (05/05/2017 high) and support at 1.2128 (18/06/2015 low). Strong resistance is given at 1.4690 (22/01/2016 high). The pair is likely to head lower. The pairs is trading below 200 DMA.

USD/CHF is strengthening. Hourly resistance is at 0.9449 (25/01/2018 high). Expected to show further short-term upside move.

In the long-term, the pair is still trading in range since 2011 despite some turmoil when the SNB unpegged the CHF. Support at 0.9259 (24/08/2015 low) is attainable. Key support remains at 0.9072 (07/05/2015 low) while resistance at 1.0344 (15/12/2016 high) is distanced. The technical structure favours a long term bullish bias since the unpeg in January 2015.

USD/JPY is rising back following weakness and trades above 109. Hourly resistance remains at 111.50 (18/01/2018 high). The technical structure suggests further short-term upside moves.

We favor a long-term bearish bias. Support is now given at 107.32 (08/09/2017 low). A gradual rise towards the major resistance at 125.86 (05/06/2015 high) seems unlikely. Expected to decline further support at 101.20 (09/11/2016 low).