Commodity Prices

Gold •670 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,958.70	-2.80	-0.14%
WTI Crude •11 mins	105.16	-1.26	-1.18%
Gasoline •11 mins	3.721	-0.017	-0.45%
Ethanol •670 days	2.161	+0.000	+0.00%
Silver •670 days	30.82	+1.16	+3.92%

Silver • 670 days	30.82	+1.16	+3.92%
Copper • 670 days	4.530	+0.111	+2.51%
Brent Crude • 30 mins	114.44	+6.27	+5.80%
Natural Gas • 11 mins	2.848	-0.019	-0.66%
Heating Oil • 12 mins	4.057	-0.016	-0.39%

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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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