Commodity Prices

Gold •569 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,741.30	+164.40	+6.38%
WTI Crude •17 hours	61.07	+1.71	+2.88%
Gasoline •17 hours	1.851	+0.034	+1.86%
Ethanol •569 days	2.161	+0.000	+0.00%
Silver •569 days	30.82	+1.16	+3.92%

Silver • 569 days	30.82	+1.16	+3.92%
Copper • 569 days	4.530	+0.111	+2.51%
Brent Crude • 16 hours	65.88	+1.82	+2.84%
Natural Gas • 17 hours	5.275	+0.230	+4.56%
Heating Oil • 17 hours	2.429	+0.062	+2.61%

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USD/CAD - Drifting Higher

By - Jul 23, 2015, 5:55 AM CDT

USD/CAD is still increasing above 1.3000. Hourly support is given at 1.2540 (02/07/2015 low). Stronger support can be found 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 1.2973 (16/07/2015 high). Support can be found at 1.1731 (06/01/2015 low).

Daily Technical Report