Commodity Prices

Gold •413 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,341.90	+0.30	+0.02%
WTI Crude •6 hours	63.21	+0.86	+1.38%
Gasoline •10 mins	2.129	+0.000	+0.01%
Ethanol •413 days	2.161	+0.000	+0.00%
Silver •413 days	30.82	+1.16	+3.92%

Silver • 413 days	30.82	+1.16	+3.92%
Copper • 413 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.98	+0.14	+0.21%
Natural Gas • 14 mins	2.760	+0.008	+0.29%
Heating Oil • 25 mins	2.275	-0.005	-0.21%

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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