Commodity Prices

Gold •14 mins	1,986.20	-11.50	-0.58%
Platinum •14 mins	1,003.10	+6.20	+0.62%
WTI Crude •1 hour	75.67	+1.30	+1.75%
Gasoline •4 hours	2.701	+0.039	+1.47%
Ethanol •45 mins	2.161	+0.000	+0.00%
Silver •14 mins	24.16	+0.17	+0.70%

Silver • 14 mins	24.16	+0.17	+0.70%
Copper • 14 mins	4.095	+0.003	+0.07%
Brent Crude • 4 hours	79.77	+0.50	+0.63%
Natural Gas • 1 hour	2.216	+0.112	+5.32%
Heating Oil • 4 hours	2.676	+0.053	+2.00%

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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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