Commodity Prices

Gold •308 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	978.70	-13.40	-1.35%
WTI Crude •15 mins	58.07	-1.02	-1.73%
Gasoline •16 mins	2.028	-0.037	-1.78%
Ethanol •308 days	2.161	+0.000	+0.00%
Silver •308 days	30.82	+1.16	+3.92%

Silver • 308 days	30.82	+1.16	+3.92%
Copper • 308 days	4.530	+0.111	+2.51%
Brent Crude • 15 mins	60.96	-1.19	-1.91%
Natural Gas • 15 mins	3.621	+0.158	+4.56%
Heating Oil • 15 mins	1.977	-0.032	-1.60%

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USD/CAD - Wide-Open For Further Weakness

By - Dec 08, 2016, 6:39 AM CST

USD/CAD continues to push lower. Closest hourly resistance can be found at 1.3353 (05/12/2016 high) while key resistance lies at 1.3589 (14/11/2016 high). There is no close support. Expected to further weaken.

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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