CommerzB – Commodity FX Weekly Technical Analysis – 23Oct13

The usual weekly technical report from CommerzB re the commodity fx pairs.

The tech charts show the significance of this area for the usdcad. If the USD can get a bid she would invalidate the fairly bullish medium term chart for the cad. A breakdown for the US$ through the 200 dma would likely be meaningful given the overall chart pattern.

The Euro vs all commodity FX looks strong.

Here the report.

CommerzB-CommodityFX-23-10-13

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