Commodity Prices

Gold •733 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,651.80	+8.70	+0.53%
WTI Crude •11 mins	69.24	+0.69	+1.01%
Gasoline •11 mins	2.984	-0.020	-0.65%
Ethanol •733 days	2.161	+0.000	+0.00%
Silver •733 days	30.82	+1.16	+3.92%

Silver • 733 days	30.82	+1.16	+3.92%
Copper • 733 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	72.82	+0.83	+1.15%
Natural Gas • 11 mins	3.275	+0.030	+0.92%
Heating Oil • 11 mins	3.292	-0.006	-0.18%

Headlines

1,118 days Will The ECB Continue To Hike Rates?
1,118 days Forbes: Aramco Remains Largest Company In The Middle East
1,120 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,520 days Could Crypto Overtake Traditional Investment?
1,525 days Americans Still Quitting Jobs At Record Pace
1,527 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,530 days Is The Dollar Too Strong?
1,530 days Big Tech Disappoints Investors on Earnings Calls
1,531 days Fear And Celebration On Twitter as Musk Takes The Reins
1,532 days China Is Quietly Trying To Distance Itself From Russia
1,533 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,537 days Crypto Investors Won Big In 2021
1,537 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,538 days Food Prices Are Skyrocketing As Putin’s War Persists
1,540 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,541 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,544 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,545 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,545 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,547 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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: Challenging its Recent High at 1.1174

By - Jan 29, 2014, 5:48 AM CST

USD/CAD continues to be supported by persistent buying interest. As a result, prices are now challenging the resistance implied by the recent high at 1.1174. Hourly supports can now be found at 1.1119 (intraday high) and 1.1079 (28/01/2014 low).

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. A first resistance is given by the 50% retracement of the decline from the September 2009 peak at 1.3065 (around 1.1236).

Daily Technical Report