Commodity Prices

Gold •441 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,379.60	+3.00	+0.22%
WTI Crude •11 mins	63.91	-0.14	-0.22%
Gasoline •18 mins	2.022	-0.007	-0.33%
Ethanol •441 days	2.161	+0.000	+0.00%
Silver •441 days	30.82	+1.16	+3.92%

Silver • 441 days	30.82	+1.16	+3.92%
Copper • 441 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.83	-0.12	-0.18%
Natural Gas • 13 mins	3.083	-0.017	-0.55%
Heating Oil • 13 mins	2.348	-0.007	-0.28%

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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