Commodity Prices

Gold •805 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,797.20	+11.30	+0.63%
WTI Crude •11 mins	100.82	-1.61	-1.57%
Gasoline •11 mins	3.468	-0.017	-0.48%
Ethanol •805 days	2.161	+0.000	+0.00%
Silver •805 days	30.82	+1.16	+3.92%

Silver • 805 days	30.82	+1.16	+3.92%
Copper • 805 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	103.28	-2.55	-2.41%
Natural Gas • 11 mins	2.910	+0.019	+0.66%
Heating Oil • 11 mins	5.021	-0.226	-4.30%

Headlines

1,190 days Will The ECB Continue To Hike Rates?
1,190 days Forbes: Aramco Remains Largest Company In The Middle East
1,192 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,592 days Could Crypto Overtake Traditional Investment?
1,597 days Americans Still Quitting Jobs At Record Pace
1,599 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,602 days Is The Dollar Too Strong?
1,602 days Big Tech Disappoints Investors on Earnings Calls
1,603 days Fear And Celebration On Twitter as Musk Takes The Reins
1,605 days China Is Quietly Trying To Distance Itself From Russia
1,605 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,609 days Crypto Investors Won Big In 2021
1,609 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,610 days Food Prices Are Skyrocketing As Putin’s War Persists
1,612 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,613 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,616 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,617 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,617 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,619 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

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 - 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