Commodity Prices

Gold •611 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,142.70	+13.40	+0.63%
WTI Crude •11 mins	91.41	+10.40	+12.84%
Gasoline •12 mins	2.760	+0.089	+3.35%
Ethanol •611 days	2.161	+0.000	+0.00%
Silver •611 days	30.82	+1.16	+3.92%

Silver • 611 days	30.82	+1.16	+3.92%
Copper • 611 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	92.84	+7.43	+8.70%
Natural Gas • 11 mins	3.166	+0.163	+5.43%
Heating Oil • 11 mins	3.639	+0.025	+0.68%

Headlines

995 days Will The ECB Continue To Hike Rates?
996 days Forbes: Aramco Remains Largest Company In The Middle East
997 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,397 days Could Crypto Overtake Traditional Investment?
1,402 days Americans Still Quitting Jobs At Record Pace
1,404 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,407 days Is The Dollar Too Strong?
1,407 days Big Tech Disappoints Investors on Earnings Calls
1,408 days Fear And Celebration On Twitter as Musk Takes The Reins
1,410 days China Is Quietly Trying To Distance Itself From Russia
1,410 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,414 days Crypto Investors Won Big In 2021
1,414 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,415 days Food Prices Are Skyrocketing As Putin’s War Persists
1,417 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,418 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,421 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,422 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,422 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,424 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

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 - Breaking The Upside Trend-Line

By - Sep 17, 2015, 5:48 AM CDT

USD/CAD is still trading in range. Hourly support is given at 1.3117 (31/08/2015 low). Stronger support can be found at 1.2862 (29/07/2015 low). Resistance lies at 1.3354 (25/08/2015 high). For the time being, we remain bullish on the pair as long as support at 1.3117 stands. Nonetheless the upside trend-line is on target.

In the longer term, the break of the key resistance at 1.3065 (13/03/2009 high) has indicated increasing buying pressures, which favours further medium-term strengthening. Support can be found at 1.1731 (06/01/2015 low).

Daily Technical Report