Commodity Prices

Gold •15 mins	2,039.00	+2.70	+0.13%
Platinum •15 mins	904.80	-1.80	-0.20%
WTI Crude •11 mins	72.26	-0.06	-0.08%
Gasoline •18 mins	2.110	-0.001	-0.03%
Ethanol •7 hours	2.161	+0.000	+0.00%
Silver •15 mins	24.59	+0.04	+0.16%

Silver • 15 mins	24.59	+0.04	+0.16%
Copper • 15 mins	3.804	+0.020	+0.52%
Brent Crude • 10 mins	77.19	-0.01	-0.01%
Natural Gas • 10 mins	2.692	-0.018	-0.66%
Heating Oil • 17 mins	2.636	-0.005	-0.18%

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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