Commodity Prices

Gold •862 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,517.30	-3.10	-0.20%
WTI Crude •11 mins	88.75	+0.01	+0.01%
Gasoline •11 mins	2.663	-0.008	-0.29%
Ethanol •862 days	2.161	+0.000	+0.00%
Silver •862 days	30.82	+1.16	+3.92%

Silver • 862 days	30.82	+1.16	+3.92%
Copper • 862 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	96.35	+0.53	+0.55%
Natural Gas • 11 mins	3.284	-0.056	-1.68%
Heating Oil • 11 mins	4.332	+0.046	+1.06%

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USD/CAD - Bearish Consolidation

By - Oct 02, 2015, 6:05 AM CDT

USD/CAD is still consolidating after setting a new 11-year high. The pair is showing signs of short-term exhaustion after its overextended rise. The short-term technical structure is positive as long as the hourly support implied by the uptrend channel holds.

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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