Commodity Prices

Gold •769 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,772.10	+17.20	+0.98%
WTI Crude •11 mins	83.01	-0.19	-0.23%
Gasoline •11 mins	3.120	-0.016	-0.52%
Ethanol •770 days	2.161	+0.000	+0.00%
Silver •769 days	30.82	+1.16	+3.92%

Silver • 769 days	30.82	+1.16	+3.92%
Copper • 769 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	88.60	-0.31	-0.35%
Natural Gas • 11 mins	2.800	+0.033	+1.19%
Heating Oil • 11 mins	4.283	+0.031	+0.72%

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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