Commodity Prices

Gold •288 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	977.00	-3.10	-0.32%
WTI Crude •11 hours	64.68	+2.21	+3.54%
Gasoline •11 hours	2.099	+0.055	+2.71%
Ethanol •288 days	2.161	+0.000	+0.00%
Silver •288 days	30.82	+1.16	+3.92%

Silver • 288 days	30.82	+1.16	+3.92%
Copper • 288 days	4.530	+0.111	+2.51%
Brent Crude • 10 hours	67.96	+2.11	+3.20%
Natural Gas • 11 hours	3.245	-0.002	-0.06%
Heating Oil • 11 hours	2.152	+0.037	+1.74%

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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