Commodity Prices

Gold •686 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,930.80	-28.80	-1.47%
WTI Crude •11 mins	101.09	+2.83	+2.88%
Gasoline •11 mins	3.519	+0.031	+0.90%
Ethanol •686 days	2.161	+0.000	+0.00%
Silver •686 days	30.82	+1.16	+3.92%

Silver • 686 days	30.82	+1.16	+3.92%
Copper • 686 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	107.35	+2.33	+2.22%
Natural Gas • 11 mins	3.015	+0.011	+0.37%
Heating Oil • 11 mins	4.004	+0.057	+1.44%

Headlines

1,071 days Will The ECB Continue To Hike Rates?
1,071 days Forbes: Aramco Remains Largest Company In The Middle East
1,073 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,473 days Could Crypto Overtake Traditional Investment?
1,478 days Americans Still Quitting Jobs At Record Pace
1,480 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,483 days Is The Dollar Too Strong?
1,483 days Big Tech Disappoints Investors on Earnings Calls
1,484 days Fear And Celebration On Twitter as Musk Takes The Reins
1,486 days China Is Quietly Trying To Distance Itself From Russia
1,486 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,490 days Crypto Investors Won Big In 2021
1,490 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,491 days Food Prices Are Skyrocketing As Putin’s War Persists
1,493 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,494 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,497 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,498 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,498 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,500 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

The Problem With Modern Monetary Theory

Modern monetary theory has been…

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: 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 - Bouncing on The Support at 1.2131

By - Jun 19, 2015, 5:35 AM CDT

USD/CAD has broken the hourly support at 1.2169 (20/05/2015 low) and declined toward the support at 1.2131 (19/05/2015 low) before bouncing back. Key resistance lies at 1.2570 (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