Commodity Prices

Gold •144 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	962.40	-12.70	-1.30%
WTI Crude •16 mins	70.97	-0.27	-0.38%
Gasoline •42 mins	2.050	-0.012	-0.57%
Ethanol •144 days	2.161	+0.000	+0.00%
Silver •144 days	30.82	+1.16	+3.92%

Silver • 144 days	30.82	+1.16	+3.92%
Copper • 144 days	4.530	+0.111	+2.51%
Brent Crude • 16 mins	74.89	-0.28	-0.37%
Natural Gas • 16 mins	3.397	+0.268	+8.57%
Heating Oil • 25 mins	2.274	-0.001	-0.04%

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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