Commodity Prices

Gold •112 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,031.90	+2.20	+0.21%
WTI Crude •10 mins	70.01	-0.76	-1.07%
Gasoline •10 mins	2.019	-0.022	-1.09%
Ethanol •112 days	2.161	+0.000	+0.00%
Silver •112 days	30.82	+1.16	+3.92%

Silver • 112 days	30.82	+1.16	+3.92%
Copper • 112 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.22	-0.74	-0.99%
Natural Gas • 10 mins	2.415	+0.073	+3.12%
Heating Oil • 10 mins	2.205	-0.017	-0.75%

Headlines

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

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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 - Stalling Below Resistance At 1.3433

By - Nov 03, 2016, 6:17 AM CDT

USD/CAD's bullish momentum is fading. However, the pair is still trading within resistance area between 1.3278 (24/10/2016 low) and 1.3433 (28/10/2016 high). Expected to see another monitoring of resistance at 1.3433. Key support at 1.3000 (22/09/2016 low) seems far.

In the longer term, the pair is trading around 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 increase.

Daily Technical Report