Commodity Prices

Gold •294 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	980.40	+0.80	+0.08%
WTI Crude •10 mins	63.26	+0.99	+1.59%
Gasoline •10 mins	2.103	+0.019	+0.89%
Ethanol •294 days	2.161	+0.000	+0.00%
Silver •294 days	30.82	+1.16	+3.92%

Silver • 294 days	30.82	+1.16	+3.92%
Copper • 294 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.98	+0.86	+1.30%
Natural Gas • 10 mins	2.934	-0.088	-2.91%
Heating Oil • 10 mins	2.146	+0.019	+0.89%

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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