Commodity Prices

Gold •749 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,634.30	-19.00	-1.15%
WTI Crude •11 mins	90.50	+3.67	+4.23%
Gasoline •14 mins	3.466	+0.051	+1.49%
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 • 11 mins	98.69	+4.62	+4.91%
Natural Gas • 11 mins	2.959	+0.034	+1.16%
Heating Oil • 13 mins	4.254	+0.106	+2.55%

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USD/CAD - Pushing Above The 1.2000 Psychological Threshold

By - Jan 21, 2015, 1:56 PM CST

USD/CAD moved significantly higher yesterday, breaking the psychological resistance at 1.2000. Hourly supports now lie at 1.2047 (16/01/2015 high) and 1.1935 (19/01/2015 low).

In the longer term, the technical structure looks like a rounding bottom whose maximum upside potential is given by the strong resistance at 1.3065 (09/03/2009 high). A key support stands at 1.1561 (17/12/2014 low). A key resistance stands at 1.2506 (21/04/2009 high).

Daily Technical Report