Commodity Prices

Gold •667 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	2,011.90	+17.30	+0.87%
WTI Crude •13 hours	101.94	-3.13	-2.98%
Gasoline •13 hours	3.595	-0.020	-0.55%
Ethanol •667 days	2.161	+0.000	+0.00%
Silver •667 days	30.82	+1.16	+3.92%

Silver • 667 days	30.82	+1.16	+3.92%
Copper • 667 days	4.530	+0.111	+2.51%
Brent Crude • 12 hours	108.17	-2.23	-2.02%
Natural Gas • 13 hours	2.780	+0.013	+0.47%
Heating Oil • 13 hours	3.946	-0.135	-3.30%

Headlines

1,052 days Will The ECB Continue To Hike Rates?
1,052 days Forbes: Aramco Remains Largest Company In The Middle East
1,054 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,454 days Could Crypto Overtake Traditional Investment?
1,459 days Americans Still Quitting Jobs At Record Pace
1,460 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,464 days Is The Dollar Too Strong?
1,464 days Big Tech Disappoints Investors on Earnings Calls
1,465 days Fear And Celebration On Twitter as Musk Takes The Reins
1,466 days China Is Quietly Trying To Distance Itself From Russia
1,467 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,471 days Crypto Investors Won Big In 2021
1,471 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,472 days Food Prices Are Skyrocketing As Putin’s War Persists
1,474 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,474 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,478 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,479 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,479 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,481 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Is The Bull Market On Its Last Legs?

This aging bull market may…

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