"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •20 mins | 2,395.30 | -2.70 | -0.11% |
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Platinum •20 mins | 949.30 | -5.20 | -0.54% |
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WTI Crude •13 mins | 82.63 | -0.10 | -0.12% |
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Gasoline •12 mins | 2.709 | -0.005 | -0.17% |
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Ethanol •2 hours | 2.161 | +0.000 | +0.00% |
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Silver •20 mins | 28.30 | -0.08 | -0.28% |
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Silver • 20 mins | 28.30 | -0.08 | -0.28% | |
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Copper • 20 mins | 4.428 | -0.009 | -0.19% | |
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Brent Crude • 2 hours | 87.11 | -0.18 | -0.21% | |
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Natural Gas • 10 mins | 1.749 | -0.008 | -0.46% | |
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Heating Oil • 14 mins | 2.534 | -0.047 | -1.82% |
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USD/CAD is still moving higher despite signs of short-term exhaustion after its overextended rise. The short-term technical structure is positive as long as the hourly support at 1.3261 (uptrend channel) holds. Hourly resistance lies at 1.3417 (24/09/2015),
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).
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