Commodity Prices

Gold •649 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,091.70	+13.70	+0.66%
WTI Crude •11 mins	96.70	-2.38	-2.40%
Gasoline •11 mins	3.072	-0.044	-1.42%
Ethanol •649 days	2.161	+0.000	+0.00%
Silver •649 days	30.82	+1.16	+3.92%

Silver • 649 days	30.82	+1.16	+3.92%
Copper • 649 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	97.48	-1.88	-1.89%
Natural Gas • 11 mins	2.622	-0.005	-0.19%
Heating Oil • 11 mins	3.787	-0.048	-1.24%

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USD/CAD - Selling Pressures Are Important

By - Aug 17, 2016, 6:27 AM CDT

USD/CAD is getting lower. Strong support at 1.2832 (04/07/2016 low) has been broken. Stronger resistance is located at 1.3253 (27/07/2016 high).

In the longer term, the pair is still trading below its 200-day moving average. Strong resistance is given at 1.4690 (22/01/2016 high). Long-term support can be found at 1.2461 (16/03/2015 low). The pair is likely in a consolidation phase within a new long-term decline.

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