Commodity Prices

Gold •479 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,601.60	+4.90	+0.31%
WTI Crude •1 day	61.50	-0.29	-0.47%
Gasoline •1 day	1.923	-0.004	-0.22%
Ethanol •479 days	2.161	+0.000	+0.00%
Silver •479 days	30.82	+1.16	+3.92%

Silver • 479 days	30.82	+1.16	+3.92%
Copper • 479 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	65.94	-0.05	-0.08%
Natural Gas • 1 day	3.304	-0.040	-1.20%
Heating Oil • 1 day	2.403	+0.000	+0.00%

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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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