Commodity Prices

Gold •802 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,769.10	-28.50	-1.59%
WTI Crude •11 mins	102.41	+2.36	+2.36%
Gasoline •11 mins	3.400	+0.093	+2.82%
Ethanol •802 days	2.161	+0.000	+0.00%
Silver •802 days	30.82	+1.16	+3.92%

Silver • 802 days	30.82	+1.16	+3.92%
Copper • 802 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	107.31	+2.70	+2.58%
Natural Gas • 11 mins	2.899	+0.068	+2.40%
Heating Oil • 11 mins	5.024	+0.064	+1.30%

Headlines

1,187 days Will The ECB Continue To Hike Rates?
1,187 days Forbes: Aramco Remains Largest Company In The Middle East
1,189 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,589 days Could Crypto Overtake Traditional Investment?
1,594 days Americans Still Quitting Jobs At Record Pace
1,596 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,599 days Is The Dollar Too Strong?
1,599 days Big Tech Disappoints Investors on Earnings Calls
1,600 days Fear And Celebration On Twitter as Musk Takes The Reins
1,601 days China Is Quietly Trying To Distance Itself From Russia
1,602 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,606 days Crypto Investors Won Big In 2021
1,606 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,607 days Food Prices Are Skyrocketing As Putin’s War Persists
1,609 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,610 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,613 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,614 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,614 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,616 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

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: Bearish Breakout at 1.0084

By - May 01, 2013, 5:08 AM CDT

USD/CAD has broken the support area between 1.0102 and 1.0084. A test of the key support at 1.000 (see also the 200 day moving average and the low of the rising channel) is likely. Hourly resistances can be found at 1.0124 (30/04/2013 high) and 1.0176 (intraday high).

In the longer-term, we favour a bullish bias as long as the support at 1.0000 (14/02/2013 low, see also the rising trendline from 0.9633 (14/09/2012 low) in a daily chart) holds.

Daily Technical Report