Commodity Prices

Gold •655 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,141.70	+29.50	+1.40%
WTI Crude •1 day	84.98	-9.71	-10.25%
Gasoline •1 day	3.012	-0.151	-4.79%
Ethanol •655 days	2.161	+0.000	+0.00%
Silver •655 days	30.82	+1.16	+3.92%

Silver • 655 days	30.82	+1.16	+3.92%
Copper • 655 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	90.38	-9.01	-9.07%
Natural Gas • 1 day	2.680	+0.033	+1.25%
Heating Oil • 1 day	3.436	-0.397	-10.36%

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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