Commodity Prices

Gold •347 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,221.70	+9.80	+0.81%
WTI Crude •10 mins	73.81	+0.83	+1.14%
Gasoline •13 mins	2.248	+0.020	+0.90%
Ethanol •347 days	2.161	+0.000	+0.00%
Silver •347 days	30.82	+1.16	+3.92%

Silver • 347 days	30.82	+1.16	+3.92%
Copper • 347 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.89	+0.66	+0.89%
Natural Gas • 11 mins	3.660	+0.079	+2.21%
Heating Oil • 22 mins	2.425	+0.066	+2.81%

Headlines

732 days Will The ECB Continue To Hike Rates?
732 days Forbes: Aramco Remains Largest Company In The Middle East
734 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,134 days Could Crypto Overtake Traditional Investment?
1,138 days Americans Still Quitting Jobs At Record Pace
1,140 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,143 days Is The Dollar Too Strong?
1,144 days Big Tech Disappoints Investors on Earnings Calls
1,145 days Fear And Celebration On Twitter as Musk Takes The Reins
1,146 days China Is Quietly Trying To Distance Itself From Russia
1,147 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,150 days Crypto Investors Won Big In 2021
1,151 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,152 days Food Prices Are Skyrocketing As Putin’s War Persists
1,154 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,154 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,157 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,158 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,158 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,160 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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…

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