Commodity Prices

Gold •272 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,008.10	-19.40	-1.89%
WTI Crude •10 mins	71.22	-0.26	-0.36%
Gasoline •10 mins	2.304	+0.013	+0.58%
Ethanol •272 days	2.161	+0.000	+0.00%
Silver •272 days	30.82	+1.16	+3.92%

Silver • 272 days	30.82	+1.16	+3.92%
Copper • 272 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.47	-0.30	-0.40%
Natural Gas • 10 mins	3.950	-0.169	-4.10%
Heating Oil • 10 mins	2.293	+0.013	+0.59%

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USD/CAD - Bearish Move Won't End Soon

By - Apr 29, 2016, 5:15 AM CDT

USD/CAD's bearish momentum is still on. Hourly support is located at 1.2514 (intraday low) while hourly resistance is given at 1.2694 (27/04/2016 high). Expected to show continued decline.

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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