Commodity Prices

Gold •631 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,864.00	+6.70	+0.36%
WTI Crude •11 mins	96.11	+1.63	+1.73%
Gasoline •12 mins	3.173	+0.043	+1.36%
Ethanol •631 days	2.161	+0.000	+0.00%
Silver •631 days	30.82	+1.16	+3.92%

Silver • 631 days	30.82	+1.16	+3.92%
Copper • 631 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	109.80	+1.79	+1.66%
Natural Gas • 20 mins	3.065	+0.066	+2.20%
Heating Oil • 24 mins	4.355	+0.082	+1.91%

Headlines

1,016 days Will The ECB Continue To Hike Rates?
1,016 days Forbes: Aramco Remains Largest Company In The Middle East
1,018 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,418 days Could Crypto Overtake Traditional Investment?
1,423 days Americans Still Quitting Jobs At Record Pace
1,424 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,428 days Is The Dollar Too Strong?
1,428 days Big Tech Disappoints Investors on Earnings Calls
1,429 days Fear And Celebration On Twitter as Musk Takes The Reins
1,430 days China Is Quietly Trying To Distance Itself From Russia
1,431 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,435 days Crypto Investors Won Big In 2021
1,435 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,436 days Food Prices Are Skyrocketing As Putin’s War Persists
1,438 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,438 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,442 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,443 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,443 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,445 days Are NFTs About To Take Over Gaming?

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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 - Pushing Downside

By - Jun 10, 2015, 5:20 AM CDT

USD/CAD is trading below the resistance at 1.2570 (15/04/2015 high). Support at 1.2368 (02/06/2015 low) has been broken. Hourly support can be found at 1.2169 (20/05/2015 low).

In the longer term, the break of the key support at 1.2352 (03/02/2015 low) indicates increasing selling pressures, which favours further medium-term weakness. As a result, a significant top has likely been made at 1.2835 (18/03/2015 high). Support can be found at 1.1731 (06/01/2015 low).

Daily Technical Report