Commodity Prices

Gold •358 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,432.50	+17.50	+1.24%
WTI Crude •10 mins	65.42	+0.18	+0.28%
Gasoline •10 mins	2.103	+0.004	+0.20%
Ethanol •358 days	2.161	+0.000	+0.00%
Silver •358 days	30.82	+1.16	+3.92%

Silver • 358 days	30.82	+1.16	+3.92%
Copper • 358 days	4.530	+0.111	+2.51%
Brent Crude • 29 mins	67.73	+0.05	+0.07%
Natural Gas • 4 hours	3.261	-0.145	-4.26%
Heating Oil • 22 mins	2.383	+0.023	+0.95%

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USD/CAD - Breaking Short-Term Uptrend

By - Jun 03, 2016, 6:02 AM CDT

USD/CAD's short-term uptrend has been broken. Yet, the pair needs to break hourly support at 1.2895 (18/05/2016 low) to confirm deeper selling pressures while hourly resistance can be found at 1.3188 (24/05/2016 higher). Expected to show further bearish move.

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). The pair may have entered a new long-term decline.

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