Commodity Prices

Gold •308 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	977.10	-6.10	-0.62%
WTI Crude •10 mins	58.72	+0.65	+1.12%
Gasoline •10 mins	2.038	+0.011	+0.52%
Ethanol •308 days	2.161	+0.000	+0.00%
Silver •308 days	30.82	+1.16	+3.92%

Silver • 308 days	30.82	+1.16	+3.92%
Copper • 308 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	61.69	+0.57	+0.93%
Natural Gas • 10 mins	3.654	+0.033	+0.91%
Heating Oil • 10 mins	1.987	+0.010	+0.52%

Headlines

693 days Will The ECB Continue To Hike Rates?
693 days Forbes: Aramco Remains Largest Company In The Middle East
695 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,095 days Could Crypto Overtake Traditional Investment?
1,100 days Americans Still Quitting Jobs At Record Pace
1,101 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,105 days Is The Dollar Too Strong?
1,105 days Big Tech Disappoints Investors on Earnings Calls
1,106 days Fear And Celebration On Twitter as Musk Takes The Reins
1,107 days China Is Quietly Trying To Distance Itself From Russia
1,108 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,112 days Crypto Investors Won Big In 2021
1,112 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,113 days Food Prices Are Skyrocketing As Putin’s War Persists
1,115 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,115 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,119 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,120 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,120 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,122 days Are NFTs About To Take Over Gaming?

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Trader Compares Current Market Environment To 2007

It’s a mistake to view…

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 - Setting an 11-Year High

By - Dec 08, 2015, 5:51 AM CST

USD/CAD's bullish momentum is still very strong as resistance at 1.3457 (29/09/2015 high) has been broken. Significant support stands at 1.3225 (12/11/2015 low). Expected to show continued bullish momentum as uptrend is still in play.

In the longer term, the break of the key resistance at 1.3065 (13/03/2009 high) has indicated increasing buying pressures, which favours further medium-term strengthening. Support can be found at 1.2832 (15/10/2015 low) then 1.1731 (06/01/2015 low).

Daily Technical Report