Commodity Prices

Gold •416 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,363.10	+4.20	+0.31%
WTI Crude •1 day	63.66	+0.14	+0.22%
Gasoline •1 day	2.159	-0.001	-0.06%
Ethanol •416 days	2.161	+0.000	+0.00%
Silver •416 days	30.82	+1.16	+3.92%

Silver • 416 days	30.82	+1.16	+3.92%
Copper • 416 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	67.73	+0.06	+0.09%
Natural Gas • 1 day	2.698	-0.128	-4.53%
Heating Oil • 1 day	2.308	-0.017	-0.73%

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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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