Commodity Prices

Gold •690 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,968.40	+28.70	+1.48%
WTI Crude •11 mins	90.98	-5.62	-5.82%
Gasoline •17 mins	3.257	-0.197	-5.70%
Ethanol •690 days	2.161	+0.000	+0.00%
Silver •690 days	30.82	+1.16	+3.92%

Silver • 690 days	30.82	+1.16	+3.92%
Copper • 690 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	97.45	-6.09	-5.88%
Natural Gas • 11 mins	2.929	+0.022	+0.76%
Heating Oil • 11 mins	3.694	-0.194	-5.00%

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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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