Commodity Prices

Gold •645 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	2,063.70	-48.40	-2.29%
WTI Crude •11 mins	98.73	+0.86	+0.88%
Gasoline •11 mins	3.030	+0.029	+0.97%
Ethanol •645 days	2.161	+0.000	+0.00%
Silver •645 days	30.82	+1.16	+3.92%

Silver • 645 days	30.82	+1.16	+3.92%
Copper • 645 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	96.84	+0.92	+0.96%
Natural Gas • 11 mins	2.676	+0.006	+0.22%
Heating Oil • 11 mins	3.927	-0.010	-0.26%

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USD/CAD - Bearish Breakout

By - Feb 26, 2016, 5:44 AM CST

USD/CAD has sharply declined. The pair has erased strong support area around 1.3700 (04/02/2016 low) and is now pausing. Hourly resistance can be found at 1.3735 (25/02/2016 high). Expected to see further weakening.

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. Strong resistance is given at 1.4948 (21/03/2003 high). Support can be found at 1.2832 (15/10/2015 low) then 1.1731 (06/01/2015 low).

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