Commodity Prices

Gold •619 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,042.10	-123.40	-5.70%
WTI Crude •1 day	98.71	+2.98	+3.11%
Gasoline •1 day	3.041	+0.077	+2.59%
Ethanol •619 days	2.161	+0.000	+0.00%
Silver •619 days	30.82	+1.16	+3.92%

Silver • 619 days	30.82	+1.16	+3.92%
Copper • 619 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	103.14	+2.68	+2.67%
Natural Gas • 1 day	3.131	-0.102	-3.15%
Heating Oil • 1 day	4.015	+0.116	+2.97%

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USD/CAD: Grinding Higher

By - Sep 26, 2013, 5:16 AM CDT

USD/CAD is challenging the resistance at 1.0318 (18/09/2013 high). Another resistance can be found at 1.0358. An hourly support is at 1.0263 (20/09/2013 low). A key support area stands around 1.0182 (see the long-term rising trendline and the 200 day moving average).

In the longer term, the key resistance at 1.0870 (02/11/2009 high, see also the long-term declining trendline from the October 2002 peak) is expected to cap the medium-term upside potential. Furthermore, a decisive break of the support area between 1.0246 (31/07/2013 low) and the long-term rising trendline (around 1.0200) would deteriorate the long-term technical structure.

Daily Technical Report