Commodity Prices

Gold •168 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	926.50	-8.10	-0.87%
WTI Crude •3 hours	70.19	-0.39	-0.55%
Gasoline •19 mins	1.930	-0.013	-0.67%
Ethanol •168 days	2.161	+0.000	+0.00%
Silver •168 days	30.82	+1.16	+3.92%

Silver • 168 days	30.82	+1.16	+3.92%
Copper • 168 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.01	-0.38	-0.52%
Natural Gas • 10 mins	3.428	+0.054	+1.60%
Heating Oil • 10 mins	2.242	-0.013	-0.57%

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USD/CAD - The Underlying Uptrend has Resumed

By - Oct 15, 2014, 4:41 AM CDT

USD/CAD has broken the resistance area between 1.1271 (03/10/2014 high) and 1.1279 (20/03/2014 high), confirming an increasing buying interest. Hourly supports can be found at 1.1271 (previous resistance) and 1.1217 (intraday low).

In the longer term, the technical structure looks like a rounding bottom whose minimum upside potential is at 1.1725. The break of the resistance at 1.1279 (20/03/2014 high) confirms this bullish outlook. Strong supports can be found at 1.1072 (02/10/2014 low) and 1.0811 (29/08/2014 low).

Daily Technical Report