Commodity Prices

Gold •169 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	921.80	-1.70	-0.18%
WTI Crude •10 mins	68.95	-0.43	-0.62%
Gasoline •11 mins	1.910	-0.013	-0.66%
Ethanol •169 days	2.161	+0.000	+0.00%
Silver •169 days	30.82	+1.16	+3.92%

Silver • 169 days	30.82	+1.16	+3.92%
Copper • 169 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	72.43	-0.45	-0.62%
Natural Gas • 10 mins	3.634	+0.050	+1.40%
Heating Oil • 32 mins	2.223	-0.014	-0.64%

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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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