Commodity Prices

Gold •125 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,007.80	+17.30	+1.75%
WTI Crude •10 mins	72.12	+0.65	+0.91%
Gasoline •10 mins	2.045	+0.026	+1.29%
Ethanol •125 days	2.161	+0.000	+0.00%
Silver •125 days	30.82	+1.16	+3.92%

Silver • 125 days	30.82	+1.16	+3.92%
Copper • 125 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	75.61	+0.53	+0.71%
Natural Gas • 10 mins	2.672	-0.109	-3.92%
Heating Oil • 10 mins	2.302	+0.018	+0.79%

Headlines

509 days Will The ECB Continue To Hike Rates?
510 days Forbes: Aramco Remains Largest Company In The Middle East
511 days Caltech Scientists Succesfully Beam Back Solar Power From Space
911 days Could Crypto Overtake Traditional Investment?
916 days Americans Still Quitting Jobs At Record Pace
918 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
921 days Is The Dollar Too Strong?
921 days Big Tech Disappoints Investors on Earnings Calls
922 days Fear And Celebration On Twitter as Musk Takes The Reins
924 days China Is Quietly Trying To Distance Itself From Russia
924 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
928 days Crypto Investors Won Big In 2021
928 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
929 days Food Prices Are Skyrocketing As Putin’s War Persists
931 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
932 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
935 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
936 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
936 days Two ETFs That Could Hedge Against Extreme Market Volatility
938 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

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