Commodity Prices

Gold •301 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	969.90	+0.50	+0.05%
WTI Crude •10 mins	58.39	+0.18	+0.31%
Gasoline •6 hours	2.037	-0.034	-1.65%
Ethanol •301 days	2.161	+0.000	+0.00%
Silver •301 days	30.82	+1.16	+3.92%

Silver • 301 days	30.82	+1.16	+3.92%
Copper • 301 days	4.530	+0.111	+2.51%
Brent Crude • 6 hours	63.12	-1.13	-1.76%
Natural Gas • 10 mins	3.351	+0.025	+0.75%
Heating Oil • 6 hours	2.037	-0.084	-3.95%

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USD/CAD - Targeting Again 1.3000

By - Feb 13, 2017, 6:41 AM CST

USD/CAD is pushing lower. The pair had largely bounced higher from former support given at 1.3000 (22/09/2016 low). Hourly resistance can be found far away at 1.3353 (20/01/2017 high). Yet, as long as this resistance is not broken (20/01/2017 high), the pair should head lower 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