Commodity Prices

Gold •646 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,065.20	-46.90	-2.22%
WTI Crude •9 hours	95.81	-2.06	-2.10%
Gasoline •9 hours	3.016	+0.015	+0.51%
Ethanol •646 days	2.161	+0.000	+0.00%
Silver •646 days	30.82	+1.16	+3.92%

Silver • 646 days	30.82	+1.16	+3.92%
Copper • 646 days	4.530	+0.111	+2.51%
Brent Crude • 8 hours	95.20	-0.72	-0.75%
Natural Gas • 9 hours	2.652	-0.018	-0.67%
Heating Oil • 9 hours	3.745	-0.192	-4.87%

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USD/CAD Moving Sideways Near The Support at 1.0905

By - Aug 13, 2014, 6:05 AM CDT

USD/CAD is further fading near the key resistance at 1.0961 (see also the 50% retracement). Hourly supports stand at 1.0905 (04/08/2014 low) and 1.0845 (intraday low). Another resistance can be found at 1.1053.

In the longer term, the technical structure looks like a rounding bottom whose minimum upside potential is at 1.1725. However, a break of the support area implied by the long-term rising trendline and 1.0559 (29/11/2013 low) would invalidate this long-term bullish configuration.

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