Commodity Prices

Gold •723 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	1,647.30	+28.50	+1.76%
WTI Crude •6 hours	69.23	-2.69	-3.74%
Gasoline •6 hours	2.957	-0.070	-2.32%
Ethanol •723 days	2.161	+0.000	+0.00%
Silver •723 days	30.82	+1.16	+3.92%

Silver • 723 days	30.82	+1.16	+3.92%
Copper • 723 days	4.530	+0.111	+2.51%
Brent Crude • 5 hours	71.99	-3.27	-4.34%
Natural Gas • 6 hours	3.279	-0.016	-0.49%
Heating Oil • 6 hours	3.208	-0.090	-2.73%

Headlines

1,108 days Will The ECB Continue To Hike Rates?
1,108 days Forbes: Aramco Remains Largest Company In The Middle East
1,110 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,509 days Could Crypto Overtake Traditional Investment?
1,514 days Americans Still Quitting Jobs At Record Pace
1,516 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,519 days Is The Dollar Too Strong?
1,519 days Big Tech Disappoints Investors on Earnings Calls
1,520 days Fear And Celebration On Twitter as Musk Takes The Reins
1,522 days China Is Quietly Trying To Distance Itself From Russia
1,522 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,526 days Crypto Investors Won Big In 2021
1,526 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,527 days Food Prices Are Skyrocketing As Putin’s War Persists
1,530 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,530 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,533 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,534 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,534 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,536 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: 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 - 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).

Daily Technical Report