Commodity Prices

Gold •732 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,651.90	+23.80	+1.46%
WTI Crude •2 days	68.78	+0.09	+0.13%
Gasoline •2 days	2.953	+0.036	+1.23%
Ethanol •732 days	2.161	+0.000	+0.00%
Silver •732 days	30.82	+1.16	+3.92%

Silver • 732 days	30.82	+1.16	+3.92%
Copper • 732 days	4.530	+0.111	+2.51%
Brent Crude • 2 days	72.12	+0.32	+0.45%
Natural Gas • 2 days	3.245	+0.049	+1.53%
Heating Oil • 2 days	3.257	+0.074	+2.34%

Headlines

1,116 days Will The ECB Continue To Hike Rates?
1,117 days Forbes: Aramco Remains Largest Company In The Middle East
1,118 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,518 days Could Crypto Overtake Traditional Investment?
1,523 days Americans Still Quitting Jobs At Record Pace
1,525 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,528 days Is The Dollar Too Strong?
1,528 days Big Tech Disappoints Investors on Earnings Calls
1,529 days Fear And Celebration On Twitter as Musk Takes The Reins
1,531 days China Is Quietly Trying To Distance Itself From Russia
1,531 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,535 days Crypto Investors Won Big In 2021
1,535 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,536 days Food Prices Are Skyrocketing As Putin’s War Persists
1,538 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,539 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,542 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,543 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,543 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,545 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

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).

Daily Technical Report