Commodity Prices

Gold •736 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,628.20	-1.90	-0.12%
WTI Crude •10 mins	71.95	-0.13	-0.18%
Gasoline •11 mins	3.008	-0.031	-1.02%
Ethanol •736 days	2.161	+0.000	+0.00%
Silver •736 days	30.82	+1.16	+3.92%

Silver • 736 days	30.82	+1.16	+3.92%
Copper • 736 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	76.16	-0.14	-0.18%
Natural Gas • 11 mins	2.980	-0.032	-1.06%
Heating Oil • 10 mins	3.525	-0.047	-1.31%

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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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