Commodity Prices

Gold •317 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	990.20	-5.20	-0.52%
WTI Crude •9 hours	62.49	+0.87	+1.41%
Gasoline •9 hours	2.142	+0.007	+0.35%
Ethanol •317 days	2.161	+0.000	+0.00%
Silver •317 days	30.82	+1.16	+3.92%

Silver • 317 days	30.82	+1.16	+3.92%
Copper • 317 days	4.530	+0.111	+2.51%
Brent Crude • 8 hours	65.41	+0.88	+1.36%
Natural Gas • 9 hours	3.334	-0.028	-0.83%
Heating Oil • 9 hours	2.141	-0.025	-1.17%

Headlines

702 days Will The ECB Continue To Hike Rates?
702 days Forbes: Aramco Remains Largest Company In The Middle East
704 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,104 days Could Crypto Overtake Traditional Investment?
1,108 days Americans Still Quitting Jobs At Record Pace
1,110 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,113 days Is The Dollar Too Strong?
1,114 days Big Tech Disappoints Investors on Earnings Calls
1,115 days Fear And Celebration On Twitter as Musk Takes The Reins
1,116 days China Is Quietly Trying To Distance Itself From Russia
1,117 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,121 days Crypto Investors Won Big In 2021
1,121 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,122 days Food Prices Are Skyrocketing As Putin’s War Persists
1,124 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,124 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,128 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,128 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,128 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,131 days Are NFTs About To Take Over Gaming?

Trader Compares Current Market Environment To 2007

It’s a mistake to view…

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

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

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