Commodity Prices

Gold •15 mins	1,969.60	-25.90	-1.30%
Platinum •15 mins	1,003.50	-6.60	-0.65%
WTI Crude •1 day	71.74	+1.64	+2.34%
Gasoline •1 day	2.501	+0.065	+2.65%
Ethanol •1 day	2.161	+0.000	+0.00%
Silver •15 mins	23.75	-0.24	-1.00%

Silver • 15 mins	23.75	-0.24	-1.00%
Copper • 15 mins	3.728	+0.017	+0.44%
Brent Crude • 1 day	76.13	+1.85	+2.49%
Natural Gas • 1 day	2.172	+0.014	+0.65%
Heating Oil • 1 day	2.357	+0.042	+1.82%

Headlines

391 days Could Crypto Overtake Traditional Investment?
396 days Americans Still Quitting Jobs At Record Pace
398 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
401 days Is The Dollar Too Strong?
401 days Big Tech Disappoints Investors on Earnings Calls
402 days Fear And Celebration On Twitter as Musk Takes The Reins
404 days China Is Quietly Trying To Distance Itself From Russia
404 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
408 days Crypto Investors Won Big In 2021
408 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
409 days Food Prices Are Skyrocketing As Putin’s War Persists
411 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
412 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
415 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
416 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
416 days Two ETFs That Could Hedge Against Extreme Market Volatility
418 days Are NFTs About To Take Over Gaming?
419 days Europe’s Economy Is On The Brink As Putin’s War Escalates
422 days What’s Causing Inflation In The United States?
423 days Intel Joins Russian Exodus as Chip Shortage Digs In

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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 Selling Pressures

By - Dec 12, 2016, 6:05 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). Closest support lies at 1.3006 (19/10/2016 low). 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).

Daily Technical Report