Commodity Prices

Gold •257 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,026.00	-0.50	-0.05%
WTI Crude •11 mins	67.35	-0.23	-0.34%
Gasoline •35 mins	2.177	-0.004	-0.17%
Ethanol •257 days	2.161	+0.000	+0.00%
Silver •257 days	30.82	+1.16	+3.92%

Silver • 257 days	30.82	+1.16	+3.92%
Copper • 257 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	71.07	+0.49	+0.69%
Natural Gas • 10 mins	4.001	-0.017	-0.42%
Heating Oil • 37 mins	2.201	-0.003	-0.13%

Headlines

641 days Will The ECB Continue To Hike Rates?
642 days Forbes: Aramco Remains Largest Company In The Middle East
643 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,043 days Could Crypto Overtake Traditional Investment?
1,048 days Americans Still Quitting Jobs At Record Pace
1,050 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,053 days Is The Dollar Too Strong?
1,053 days Big Tech Disappoints Investors on Earnings Calls
1,054 days Fear And Celebration On Twitter as Musk Takes The Reins
1,056 days China Is Quietly Trying To Distance Itself From Russia
1,056 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,060 days Crypto Investors Won Big In 2021
1,060 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,061 days Food Prices Are Skyrocketing As Putin’s War Persists
1,063 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,064 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,067 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,068 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,068 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,070 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How Millennials Are Reshaping Real Estate

The real estate market is…

The Feds Continue To Prop Up Equities Markets

The bull market of 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 - Selling Pressures Are Fading

By - May 19, 2017, 6:56 AM CDT

USD/CAD keeps on weakening since the pair reached 1.3800. Hourly support can be found at 1.3411 (24/04/2017 high) then 1.3353 (20/01/2017 high). Expected to show continued bearish pressures.

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