Commodity Prices

Gold •249 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	967.30	+0.80	+0.08%
WTI Crude •10 mins	66.70	-0.34	-0.51%
Gasoline •10 mins	2.100	-0.009	-0.44%
Ethanol •249 days	2.161	+0.000	+0.00%
Silver •249 days	30.82	+1.16	+3.92%

Silver • 249 days	30.82	+1.16	+3.92%
Copper • 249 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	70.04	-0.32	-0.45%
Natural Gas • 10 mins	4.638	+0.239	+5.43%
Heating Oil • 11 mins	2.204	-0.012	-0.54%

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USD/CAD - Ready To Break Way Below 1.3000

By - Feb 02, 2017, 6:21 AM CST

USD/CAD is trading lower. The pair is still trading around former key support at 1.3000 (22/09/2016 low). Hourly resistance is given at 1.3169 (20/01/2017 high). The technical structure suggests a growing very short-term momentum towards support at 1.2823 (07/09/2016 low).

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