Commodity Prices

Gold •652 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,095.60	-16.60	-0.79%
WTI Crude •11 mins	93.39	-1.30	-1.37%
Gasoline •17 mins	3.145	-0.019	-0.59%
Ethanol •652 days	2.161	+0.000	+0.00%
Silver •652 days	30.82	+1.16	+3.92%

Silver • 652 days	30.82	+1.16	+3.92%
Copper • 652 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	98.18	-1.21	-1.22%
Natural Gas • 11 mins	2.660	+0.013	+0.49%
Heating Oil • 26 mins	3.805	-0.028	-0.72%

Headlines

1,037 days Will The ECB Continue To Hike Rates?
1,037 days Forbes: Aramco Remains Largest Company In The Middle East
1,039 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,439 days Could Crypto Overtake Traditional Investment?
1,443 days Americans Still Quitting Jobs At Record Pace
1,445 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,448 days Is The Dollar Too Strong?
1,449 days Big Tech Disappoints Investors on Earnings Calls
1,450 days Fear And Celebration On Twitter as Musk Takes The Reins
1,451 days China Is Quietly Trying To Distance Itself From Russia
1,452 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,455 days Crypto Investors Won Big In 2021
1,456 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,457 days Food Prices Are Skyrocketing As Putin’s War Persists
1,459 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,459 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,462 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,463 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,463 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,465 days Are NFTs About To Take Over Gaming?

How Millennials Are Reshaping Real Estate

The real estate market is…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

USD/CAD - Ready For Another Leg Lower

By - Mar 31, 2017, 6:27 AM CDT

USD/CAD is struggling to go any higher. A break of resistance area around 1.3400 is needed to invalidate the current short term bearish technical structure. The road seems still wide open for larger decline. Key support is given at 1.2969 (31/01/2017 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