Commodity Prices

Gold •555 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,296.70	+29.20	+1.29%
WTI Crude •6 hours	59.12	+1.36	+2.35%
Gasoline •6 hours	1.781	+0.020	+1.15%
Ethanol •555 days	2.161	+0.000	+0.00%
Silver •555 days	30.82	+1.16	+3.92%

Silver • 555 days	30.82	+1.16	+3.92%
Copper • 555 days	4.530	+0.111	+2.51%
Brent Crude • 5 hours	63.34	+1.35	+2.18%
Natural Gas • 6 hours	3.169	-0.238	-6.99%
Heating Oil • 6 hours	2.135	+0.016	+0.73%

Headlines

940 days Will The ECB Continue To Hike Rates?
940 days Forbes: Aramco Remains Largest Company In The Middle East
942 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,341 days Could Crypto Overtake Traditional Investment?
1,346 days Americans Still Quitting Jobs At Record Pace
1,348 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,351 days Is The Dollar Too Strong?
1,352 days Big Tech Disappoints Investors on Earnings Calls
1,352 days Fear And Celebration On Twitter as Musk Takes The Reins
1,354 days China Is Quietly Trying To Distance Itself From Russia
1,354 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,358 days Crypto Investors Won Big In 2021
1,359 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,359 days Food Prices Are Skyrocketing As Putin’s War Persists
1,362 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,362 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,365 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,366 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,366 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,368 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

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