Commodity Prices

Gold •100 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	994.40	+18.20	+1.86%
WTI Crude •16 hours	75.56	-0.29	-0.38%
Gasoline •16 hours	2.152	+0.001	+0.03%
Ethanol •100 days	2.161	+0.000	+0.00%
Silver •100 days	30.82	+1.16	+3.92%

Silver • 100 days	30.82	+1.16	+3.92%
Copper • 100 days	4.530	+0.111	+2.51%
Brent Crude • 15 hours	79.04	-0.36	-0.45%
Natural Gas • 16 hours	2.632	-0.043	-1.61%
Heating Oil • 16 hours	2.344	-0.007	-0.30%

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USD/CAD - Bearish Breakout

By - Apr 20, 2016, 5:46 AM CDT

USD/CAD has exited the short-term downtrend channel, confirming persistent underlying selling pressures. Yet, the momentum seems to fade. Hourly support is located at 1.2631 (19/04/2016 low). Hourly resistance is given at 1.2897 (14/04/2016 high). Expected to show continued weakness.

In the longer term, the pair is now trading well below the 200-day moving average. Strong resistance is given at 1.4948 (21/03/2003 high). Stronger support can be found at 1.1731 (06/01/2015 low).

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