Commodity Prices

Gold •794 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,826.00	-8.00	-0.44%
WTI Crude •1 day	91.48	+0.18	+0.20%
Gasoline •1 day	3.215	+0.080	+2.54%
Ethanol •794 days	2.161	+0.000	+0.00%
Silver •794 days	30.82	+1.16	+3.92%

Silver • 794 days	30.82	+1.16	+3.92%
Copper • 794 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	96.28	+0.76	+0.80%
Natural Gas • 1 day	2.975	+0.062	+2.13%
Heating Oil • 1 day	4.540	-0.053	-1.16%

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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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