Commodity Prices

Gold •168 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	931.50	-3.10	-0.33%
WTI Crude •6 hours	70.19	-0.39	-0.55%
Gasoline •12 mins	1.933	-0.010	-0.53%
Ethanol •168 days	2.161	+0.000	+0.00%
Silver •168 days	30.82	+1.16	+3.92%

Silver • 168 days	30.82	+1.16	+3.92%
Copper • 168 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.09	-0.30	-0.41%
Natural Gas • 10 mins	3.467	+0.093	+2.76%
Heating Oil • 10 mins	2.246	-0.009	-0.41%

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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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