Commodity Prices

Gold •169 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	923.80	+0.30	+0.03%
WTI Crude •4 hours	69.91	-0.67	-0.95%
Gasoline •49 mins	1.917	-0.006	-0.31%
Ethanol •169 days	2.161	+0.000	+0.00%
Silver •169 days	30.82	+1.16	+3.92%

Silver • 169 days	30.82	+1.16	+3.92%
Copper • 169 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	72.67	-0.72	-0.98%
Natural Gas • 10 mins	3.621	+0.037	+1.03%
Heating Oil • 11 mins	2.231	-0.007	-0.32%

Headlines

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

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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

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).

Daily Technical Report