Commodity Prices

Gold •440 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,407.00	+4.50	+0.32%
WTI Crude •13 mins	64.60	+0.08	+0.12%
Gasoline •14 mins	2.045	+0.003	+0.16%
Ethanol •440 days	2.161	+0.000	+0.00%
Silver •440 days	30.82	+1.16	+3.92%

Silver • 440 days	30.82	+1.16	+3.92%
Copper • 440 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	68.47	+1.03	+1.53%
Natural Gas • 11 mins	3.125	+0.022	+0.71%
Heating Oil • 13 mins	2.400	+0.006	+0.25%

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USD/CAD - Challenging its Recent Highs

By - Sep 24, 2014, 5:15 AM CDT

USD/CAD continues to improve after its successful test of its rising channel. A break of the resistance at 1.1099 would favour further gradual strength towards the strong resistance at 1.1279. Hourly supports can be found at 1.0986 (23/09/2014 low) and 1.0927 (22/09/2014 low).

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.

Daily Technical Report