Commodity Prices

Gold •749 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,639.60	-13.70	-0.83%
WTI Crude •10 mins	87.86	+1.03	+1.19%
Gasoline •38 mins	3.433	+0.018	+0.52%
Ethanol •749 days	2.161	+0.000	+0.00%
Silver •749 days	30.82	+1.16	+3.92%

Silver • 749 days	30.82	+1.16	+3.92%
Copper • 749 days	4.530	+0.111	+2.51%
Brent Crude • 1 hour	94.07	+3.06	+3.36%
Natural Gas • 13 mins	2.938	+0.013	+0.44%
Heating Oil • 12 mins	4.167	+0.018	+0.43%

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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