Commodity Prices

Gold •144 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	969.40	-5.70	-0.58%
WTI Crude •16 mins	71.10	-0.14	-0.20%
Gasoline •35 mins	2.057	-0.005	-0.23%
Ethanol •144 days	2.161	+0.000	+0.00%
Silver •144 days	30.82	+1.16	+3.92%

Silver • 144 days	30.82	+1.16	+3.92%
Copper • 144 days	4.530	+0.111	+2.51%
Brent Crude • 16 mins	74.97	-0.20	-0.27%
Natural Gas • 16 mins	3.409	+0.280	+8.95%
Heating Oil • 16 mins	2.277	+0.002	+0.07%

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USD/CAD - Challenging The Support at 1.1259

By - Nov 18, 2014, 5:50 AM CST

USD/CAD continues to move within its shortterm declining channel. Monitor the support at 1.1259. An hourly resistance can be found at 1.1328 (see also the 50% retracement of Friday's decline), while a more significant resistance stands at 1.1402. Another support stands at 1.1122.

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