Commodity Prices

Gold •765 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,759.60	+21.70	+1.25%
WTI Crude •15 hours	78.18	+0.89	+1.15%
Gasoline •15 hours	2.985	+0.047	+1.59%
Ethanol •765 days	2.161	+0.000	+0.00%
Silver •765 days	30.82	+1.16	+3.92%

Silver • 765 days	30.82	+1.16	+3.92%
Copper • 765 days	4.530	+0.111	+2.51%
Brent Crude • 14 hours	83.55	+1.06	+1.29%
Natural Gas • 15 hours	2.662	+0.022	+0.83%
Heating Oil • 15 hours	3.902	+0.020	+0.53%

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USD/CAD - Selling Pressures Are Still On

By - Mar 03, 2016, 6:02 AM CST

USD/CAD's bearish momentum is still lively, despite it fails to test strong support at 1.3300. Hourly support is given at 1.3386 (01/03/2016 low). Hourly resistance can be found at 1.3587 (29/02/2016 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).

Daily Technical Report