Commodity Prices

Gold •358 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,403.80	-11.20	-0.79%
WTI Crude •10 mins	65.59	+0.35	+0.54%
Gasoline •15 mins	2.110	+0.011	+0.50%
Ethanol •358 days	2.161	+0.000	+0.00%
Silver •358 days	30.82	+1.16	+3.92%

Silver • 358 days	30.82	+1.16	+3.92%
Copper • 358 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.07	+0.34	+0.50%
Natural Gas • 8 hours	3.261	-0.145	-4.26%
Heating Oil • 15 mins	2.378	+0.018	+0.76%

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USD/CAD - Where Will It Stop?

By - Jan 07, 2016, 6:00 AM CST

USD/CAD's momentum is almost exponential. Hourly support is located at 1.3803 (25/12/2015 low) which break would trigger a sharp move to key support at 1.3225 (12/11/2015 low). Hourly (and long-term) resistance holds at 1.4189 (23/07/2003 high). Expected to show continued increase.

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. Strong resistance is given at 1.4189 (23/07/2003 high). Support can be found at 1.2832 (15/10/2015 low) then 1.1731 (06/01/2015 low).

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