Commodity Prices

Gold •309 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	988.60	+9.10	+0.93%
WTI Crude •10 mins	60.72	+0.81	+1.35%
Gasoline •10 mins	2.100	+0.014	+0.68%
Ethanol •309 days	2.161	+0.000	+0.00%
Silver •309 days	30.82	+1.16	+3.92%

Silver • 309 days	30.82	+1.16	+3.92%
Copper • 309 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	63.63	+0.79	+1.26%
Natural Gas • 14 mins	3.653	+0.061	+1.70%
Heating Oil • 10 mins	2.062	+0.022	+1.07%

Headlines

694 days Will The ECB Continue To Hike Rates?
694 days Forbes: Aramco Remains Largest Company In The Middle East
696 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,096 days Could Crypto Overtake Traditional Investment?
1,100 days Americans Still Quitting Jobs At Record Pace
1,102 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,105 days Is The Dollar Too Strong?
1,106 days Big Tech Disappoints Investors on Earnings Calls
1,107 days Fear And Celebration On Twitter as Musk Takes The Reins
1,108 days China Is Quietly Trying To Distance Itself From Russia
1,109 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,113 days Crypto Investors Won Big In 2021
1,113 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,114 days Food Prices Are Skyrocketing As Putin’s War Persists
1,116 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,116 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,120 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,120 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,121 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,123 days Are NFTs About To Take Over Gaming?

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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 - Increasing Demand In The Short Term

By - Apr 25, 2017, 6:16 AM CDT

USD/CAD keeps on pushing higher. The pair is now consolidating. There is still a strong upside momentum. Resistance given at 1.3535 (09/03/2017 high) has been broken. Hourly support can be found at 1.3411 (24/04/2017 high) then 1.3353 (20/01/2017 high).

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