Commodity Prices

Gold •172 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	941.80	+5.40	+0.58%
WTI Crude •10 mins	69.83	+0.37	+0.53%
Gasoline •19 mins	1.952	+0.011	+0.54%
Ethanol •172 days	2.161	+0.000	+0.00%
Silver •172 days	30.82	+1.16	+3.92%

Silver • 172 days	30.82	+1.16	+3.92%
Copper • 172 days	4.530	+0.111	+2.51%
Brent Crude • 13 mins	73.26	+0.32	+0.44%
Natural Gas • 10 mins	3.918	+0.170	+4.54%
Heating Oil • 29 mins	2.252	+0.020	+0.90%

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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