Commodity Prices

Gold •632 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,874.80	+17.50	+0.94%
WTI Crude •11 mins	100.00	+5.52	+5.84%
Gasoline •11 mins	3.260	+0.130	+4.15%
Ethanol •632 days	2.161	+0.000	+0.00%
Silver •632 days	30.82	+1.16	+3.92%

Silver • 632 days	30.82	+1.16	+3.92%
Copper • 632 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	113.29	+5.28	+4.89%
Natural Gas • 2 hours	3.081	+0.082	+2.73%
Heating Oil • 15 mins	4.540	+0.267	+6.24%

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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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