Commodity Prices

Gold •172 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	935.90	-0.50	-0.05%
WTI Crude •10 mins	69.83	+0.37	+0.53%
Gasoline •29 mins	1.953	+0.011	+0.56%
Ethanol •172 days	2.161	+0.000	+0.00%
Silver •172 days	30.82	+1.16	+3.92%

Silver • 172 days	30.82	+1.16	+3.92%
Copper • 172 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.29	+0.35	+0.48%
Natural Gas • 10 mins	3.867	+0.119	+3.18%
Heating Oil • 20 mins	2.254	+0.022	+0.98%

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USD/CAD - Making 5-Year Highs

By - Nov 05, 2014, 5:35 AM CST

USD/CAD has broken the resistance at 1.1385 (15/10/2014 high), confirming the underlying bullish trend. Hourly supports can be found at 1.1385 (previous resistance) and 1.1340 (04/11/2014 low). A resistance is given by the psychological threshold at 1.1500.

In the longer term, the technical structure looks like a rounding bottom whose minimum upside potential is at 1.1725. The recent move above the resistance at 1.1279 (20/03/2014 high) confirms this bullish outlook. A strong support stands at 1.1072 (02/10/2014 low).

Daily Technical Report