Commodity Prices

Gold •543 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,126.70	-364.40	-14.63%
WTI Crude •11 mins	58.15	+1.41	+2.49%
Gasoline •11 mins	1.729	+0.032	+1.90%
Ethanol •543 days	2.161	+0.000	+0.00%
Silver •543 days	30.82	+1.16	+3.92%

Silver • 543 days	30.82	+1.16	+3.92%
Copper • 543 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	62.00	+1.36	+2.24%
Natural Gas • 12 mins	4.574	+0.208	+4.76%
Heating Oil • 11 mins	2.140	+0.033	+1.55%

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USD/CAD - Setting 3-Month High

By - Jul 03, 2015, 5:47 AM CDT

USD/CAD has set a 3-month high at 1.2633 by breaking the resistance at 1.2597 (01/07/2015 high). Hourly support is given at 1.2540 (02/07/2015 low). Hourly support is given at 1.2363 (30/06/2015 low). We remain bullish on the pair as long as the technical structure suggests an upside momentum.

In the longer term, the break of the key support at 1.2352 (03/02/2015 low) indicates increasing selling pressures, which favours further medium-term weakness. As a result, a significant top has likely been made at 1.2835 (18/03/2015 high). Support can be found at 1.1731 (06/01/2015 low).

Daily Technical Report