Commodity Prices

Gold •483 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,588.20	-12.60	-0.79%
WTI Crude •11 mins	60.18	-0.30	-0.50%
Gasoline •14 mins	1.965	-0.009	-0.44%
Ethanol •483 days	2.161	+0.000	+0.00%
Silver •483 days	30.82	+1.16	+3.92%

Silver • 483 days	30.82	+1.16	+3.92%
Copper • 483 days	4.530	+0.111	+2.51%
Brent Crude • 14 mins	64.62	-0.30	-0.46%
Natural Gas • 12 mins	3.820	+0.005	+0.13%
Heating Oil • 41 mins	2.410	-0.015	-0.61%

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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).

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