Commodity Prices

Gold •135 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	945.10	+1.10	+0.12%
WTI Crude •25 mins	67.02	-1.68	-2.45%
Gasoline •25 mins	1.949	-0.032	-1.63%
Ethanol •135 days	2.161	+0.000	+0.00%
Silver •135 days	30.82	+1.16	+3.92%

Silver • 135 days	30.82	+1.16	+3.92%
Copper • 135 days	4.530	+0.111	+2.51%
Brent Crude • 17 mins	71.05	-1.51	-2.08%
Natural Gas • 25 mins	2.823	+0.038	+1.36%
Heating Oil • 25 mins	2.171	-0.041	-1.87%

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USD/CAD: Challenging its Rising Trendline

By - Nov 27, 2012, 5:21 AM CST

USD/CAD is testing the support implied by its rising trendline. Resistances can be found at 0.9960 (26/11/2012 high) and 0.9992 (21/11/2012 high). A key support is at 0.9875.

The underlying trend is negative (see mediumterm declining channel in the daily time frame). Therefore, we see the rise from 0.9633 as a countertrend move. A medium-term resistance is at 1.0250 (12/07/2012 high, see also declining trendline on a daily chart).

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