Commodity Prices

Gold •755 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,610.20	-13.10	-0.81%
WTI Crude •11 mins	82.60	+3.34	+4.21%
Gasoline •21 mins	3.392	+0.058	+1.72%
Ethanol •755 days	2.161	+0.000	+0.00%
Silver •755 days	30.82	+1.16	+3.92%

Silver • 755 days	30.82	+1.16	+3.92%
Copper • 755 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	84.09	-4.27	-4.83%
Natural Gas • 15 mins	2.644	-0.018	-0.68%
Heating Oil • 24 mins	4.253	+0.102	+2.46%

Headlines

1,139 days Will The ECB Continue To Hike Rates?
1,140 days Forbes: Aramco Remains Largest Company In The Middle East
1,141 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,541 days Could Crypto Overtake Traditional Investment?
1,546 days Americans Still Quitting Jobs At Record Pace
1,548 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,551 days Is The Dollar Too Strong?
1,551 days Big Tech Disappoints Investors on Earnings Calls
1,552 days Fear And Celebration On Twitter as Musk Takes The Reins
1,554 days China Is Quietly Trying To Distance Itself From Russia
1,554 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,558 days Crypto Investors Won Big In 2021
1,558 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,559 days Food Prices Are Skyrocketing As Putin’s War Persists
1,561 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,562 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,565 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,566 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,566 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,568 days Are NFTs About To Take Over Gaming?

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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: Approaching its Recent High

By - Mar 07, 2013, 5:35 AM CST

USD/CAD has broken the key resistance defined by the high of its medium-term declining channel (see below) and 1.0250 (12/07/2012 high). Monitor the test of its recent high at 1.0342 (01/03/2013 high). Hourly supports are at 1.0296 (intraday high) and 1.0256 (05/03/2013 low).

The decisive weekly close above the mediumterm declining channel (linking the April 2011 high with the April 2012 high) favours further strength towards the key resistance at 1.0447 (04/06/2012 high).

Daily Technical Report