Commodity Prices

Gold •670 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,961.50	-50.40	-2.51%
WTI Crude •30 mins	106.42	+4.48	+4.39%
Gasoline •30 mins	3.738	+0.143	+3.98%
Ethanol •670 days	2.161	+0.000	+0.00%
Silver •670 days	30.82	+1.16	+3.92%

Silver • 670 days	30.82	+1.16	+3.92%
Copper • 670 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	114.00	+5.83	+5.39%
Natural Gas • 30 mins	2.867	+0.087	+3.13%
Heating Oil • 30 mins	4.073	+0.127	+3.21%

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USD/CAD: Challenging The Resistance Area Between 1.0420 and 1.0436

By - Oct 25, 2013, 5:33 AM CDT

USD/CAD has likely started a new phase of strength. A test of the declining channel (around 1.0515) is at least expected. Monitor the test of the resistance area between 1.0420 and 1.0436. A support stands at 1.0366.

In the longer term, the key resistance at 1.0870 (02/11/2009 high and the long-term declining trendline from the October 2002 peak) continues to represent a major hurdle. However, the successful test of the support area implied by the long-term rising trendline (around 1.0257) and the 200 day moving average favours a new test of this obstacle.

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