Commodity Prices

Gold •15 mins	1,977.20	-1.40	-0.07%
Platinum •15 mins	1,012.80	-1.10	-0.11%
WTI Crude •15 hours	70.17	-1.12	-1.57%
Gasoline •15 hours	2.593	-0.020	-0.75%
Ethanol •15 hours	2.161	+0.000	+0.00%
Silver •15 mins	24.41	+0.06	+0.25%

Silver • 15 mins	24.41	+0.06	+0.25%
Copper • 15 mins	3.789	-0.006	-0.16%
Brent Crude • 14 hours	74.79	-1.17	-1.54%
Natural Gas • 15 hours	2.254	-0.098	-4.17%
Heating Oil • 15 hours	2.361	-0.029	-1.21%

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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).

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