Commodity Prices

Gold •440 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,393.50	-9.00	-0.64%
WTI Crude •11 mins	64.33	-0.19	-0.29%
Gasoline •11 mins	2.037	-0.004	-0.22%
Ethanol •440 days	2.161	+0.000	+0.00%
Silver •440 days	30.82	+1.16	+3.92%

Silver • 440 days	30.82	+1.16	+3.92%
Copper • 440 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	68.26	-0.21	-0.31%
Natural Gas • 11 mins	3.094	-0.009	-0.29%
Heating Oil • 11 mins	2.375	-0.019	-0.79%

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USD/CAD - Strong Weakness

By - Dec 02, 2016, 6:09 AM CST

USD/CAD has exited downtrend channel. Closest resistance lies at 1.3589 (14/11/2016 high). Expected to see continued weakening towards support at 1.3265.

In the longer term, there is a golden cross with the 50 dma crossing the 200 dma indicating further upside pressures. Strong resistance is given at 1.4690 (22/01/2016 high). Long-term support can be found at 1.2461 (16/03/2015 low).

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