Commodity Prices

Gold •309 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	984.70	+5.20	+0.53%
WTI Crude •10 mins	60.29	+0.38	+0.63%
Gasoline •12 mins	2.091	+0.006	+0.29%
Ethanol •309 days	2.161	+0.000	+0.00%
Silver •309 days	30.82	+1.16	+3.92%

Silver • 309 days	30.82	+1.16	+3.92%
Copper • 309 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	63.22	+0.38	+0.60%
Natural Gas • 10 mins	3.629	+0.037	+1.03%
Heating Oil • 15 mins	2.053	+0.013	+0.66%

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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