Commodity Prices

Gold •317 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	990.20	-5.20	-0.52%
WTI Crude •17 hours	62.49	+0.87	+1.41%
Gasoline •17 hours	2.142	+0.007	+0.35%
Ethanol •317 days	2.161	+0.000	+0.00%
Silver •317 days	30.82	+1.16	+3.92%

Silver • 317 days	30.82	+1.16	+3.92%
Copper • 317 days	4.530	+0.111	+2.51%
Brent Crude • 16 hours	65.41	+0.88	+1.36%
Natural Gas • 17 hours	3.334	-0.028	-0.83%
Heating Oil • 17 hours	2.141	-0.025	-1.17%

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USD/CAD - Breaking Resistance at 1.3053

By - Jul 27, 2015, 5:04 AM CDT

USD/CAD is still increasing. Hourly resistance at 1.3053 has been broken (22/07/2015 high). Hourly support is given at 1.2540 (02/07/2015 low). Stronger support can be found at 1.2363 (30/06/2015 low). While we remain bullish on the pair as long as the technical structure suggests an upside momentum, we are still expecting a bounce in the short-term.

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 1.3103 (16/07/2015 high). Support can be found at 1.1731 (06/01/2015 low).

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