Commodity Prices

Gold •621 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,136.20	+41.30	+1.97%
WTI Crude •11 mins	96.80	+3.30	+3.53%
Gasoline •11 mins	3.080	+0.080	+2.67%
Ethanol •621 days	2.161	+0.000	+0.00%
Silver •621 days	30.82	+1.16	+3.92%

Silver • 621 days	30.82	+1.16	+3.92%
Copper • 621 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	103.75	+3.54	+3.53%
Natural Gas • 11 mins	3.024	+0.001	+0.03%
Heating Oil • 11 mins	4.054	+0.217	+5.65%

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USD/CAD - Making New Highs

By - Dec 12, 2014, 5:35 AM CST

USD/CAD continues to move in a succession of higher highs and higher lows, confirming an underlying bullish trend. Hourly supports now stand at 1.1449 (11/12/2014 low) and 1.1398 (09/12/2014 low).

In the longer term, the technical structure looks like a rounding bottom whose minimum upside potential is given by the strong resistance at 1.1725 (08/07/2009 high). However, this expected rise is likely to be very gradual. Key supports stand at 1.1192 (21/11/2014 low) and 1.1072 (02/10/2014 low). Another resistance is given by the psychological threshold at 1.20000.

Daily Technical Report