Commodity Prices

Gold •438 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,408.80	-2.90	-0.21%
WTI Crude •11 mins	63.01	+0.32	+0.51%
Gasoline •14 mins	1.999	+0.014	+0.69%
Ethanol •438 days	2.161	+0.000	+0.00%
Silver •438 days	30.82	+1.16	+3.92%

Silver • 438 days	30.82	+1.16	+3.92%
Copper • 438 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.28	+0.29	+0.43%
Natural Gas • 12 mins	2.978	+0.037	+1.26%
Heating Oil • 11 mins	2.313	+0.023	+1.00%

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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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