Commodity Prices

Gold •658 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,045.90	-42.20	-2.02%
WTI Crude •11 mins	94.38	+1.42	+1.53%
Gasoline •32 mins	3.379	+0.021	+0.62%
Ethanol •658 days	2.161	+0.000	+0.00%
Silver •658 days	30.82	+1.16	+3.92%

Silver • 658 days	30.82	+1.16	+3.92%
Copper • 658 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	103.39	+1.48	+1.45%
Natural Gas • 12 mins	2.718	-0.004	-0.15%
Heating Oil • 25 mins	3.926	-0.012	-0.30%

Headlines

1,043 days Will The ECB Continue To Hike Rates?
1,043 days Forbes: Aramco Remains Largest Company In The Middle East
1,045 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,445 days Could Crypto Overtake Traditional Investment?
1,449 days Americans Still Quitting Jobs At Record Pace
1,451 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,454 days Is The Dollar Too Strong?
1,455 days Big Tech Disappoints Investors on Earnings Calls
1,456 days Fear And Celebration On Twitter as Musk Takes The Reins
1,457 days China Is Quietly Trying To Distance Itself From Russia
1,458 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,461 days Crypto Investors Won Big In 2021
1,462 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,463 days Food Prices Are Skyrocketing As Putin’s War Persists
1,465 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,465 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,468 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,469 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,469 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,471 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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: Surging Higher

By - Jan 23, 2014, 6:00 AM CST

USD/CAD surged higher yesterday. The resistance at 1.1125 is now challenged. Another resistance can be found at 1.1236 (see 50% retracement). Hourly supports lie at 1.1071 (intraday low) and 1.1019 (21/01/2014 high).

In the longer term, the decisive break of the major resistance at 1.0870 validates a multi-year basing formation whose minimum upside potential is around 1.1910. Key resistances can be found at 1.1125 (17/08/2009 high) and 1.1725 (08/07/2009 high).

Daily Technical Report