Commodity Prices

Gold •739 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,629.00	-1.10	-0.07%
WTI Crude •1 day	71.41	-0.67	-0.93%
Gasoline •1 day	2.985	-0.054	-1.78%
Ethanol •739 days	2.161	+0.000	+0.00%
Silver •739 days	30.82	+1.16	+3.92%

Silver • 739 days	30.82	+1.16	+3.92%
Copper • 739 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	76.01	-0.29	-0.38%
Natural Gas • 1 day	2.940	-0.072	-2.39%
Heating Oil • 1 day	3.553	-0.018	-0.51%

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USD/CAD - Medium-Term Reversal

By - May 19, 2016, 5:58 AM CDT

USD/CAD has entered a new medium term bullish momentum. Hourly support is given at 1.2772 (12/05/2016 low) while hourly resistance at 1.3015 (18/04/2016 high) has been broken. Expected to show continued strengthening.

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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