Commodity Prices

Gold •776 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,722.60	-11.20	-0.65%
WTI Crude •11 mins	85.60	+0.66	+0.78%
Gasoline •11 mins	3.303	+0.002	+0.05%
Ethanol •776 days	2.161	+0.000	+0.00%
Silver •776 days	30.82	+1.16	+3.92%

Silver • 776 days	30.82	+1.16	+3.92%
Copper • 776 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	91.61	+0.59	+0.65%
Natural Gas • 11 mins	2.779	+0.003	+0.11%
Heating Oil • 12 mins	4.482	+0.032	+0.71%

Headlines

1,161 days Will The ECB Continue To Hike Rates?
1,161 days Forbes: Aramco Remains Largest Company In The Middle East
1,163 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,563 days Could Crypto Overtake Traditional Investment?
1,567 days Americans Still Quitting Jobs At Record Pace
1,569 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,572 days Is The Dollar Too Strong?
1,573 days Big Tech Disappoints Investors on Earnings Calls
1,574 days Fear And Celebration On Twitter as Musk Takes The Reins
1,575 days China Is Quietly Trying To Distance Itself From Russia
1,576 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,580 days Crypto Investors Won Big In 2021
1,580 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,581 days Food Prices Are Skyrocketing As Putin’s War Persists
1,583 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,583 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,587 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,587 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,588 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,590 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Is The Bull Market On Its Last Legs?

This aging bull market may…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

USD/CAD: Oscillating Around The 200-Day Average

By - Mar 22, 2012, 6:30 AM CDT

USD/CAD's DeMark™ exhaustion buy signal remains active while price still oscillates around its 200-day average. A sustained confirmation above 1.0080 will signal a potential upside recovery.

Such a scenario would target next resistance at 1.0160, then 1.0250 and resume the larger cycle recovery higher into 1.0424 (14th December high).

Only a sustained break back beneath 0.9843 (03rd Jan low) would resume the multi-month downtrend into next support at 0.9726.

EUR/CAD, which tends to share a positive correlation with EUR/USD, is holding steady after the recent unwinding from oversold conditions. A sustained downside resolution beneath support at 1.2894 (14th March low) would target 1.2760 (10th Jan 2010).

Daily Technical Report