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Gold •134 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	941.50	-2.50	-0.26%
WTI Crude •10 mins	67.83	-0.87	-1.27%
Gasoline •11 mins	1.957	-0.025	-1.26%
Ethanol •134 days	2.161	+0.000	+0.00%
Silver •134 days	30.82	+1.16	+3.92%

Silver • 134 days	30.82	+1.16	+3.92%
Copper • 134 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	71.64	-0.92	-1.27%
Natural Gas • 10 mins	2.710	-0.075	-2.69%
Heating Oil • 12 mins	2.186	-0.026	-1.19%

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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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