Commodity Prices

Gold •249 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	966.50	-13.20	-1.35%
WTI Crude •1 day	67.04	+0.68	+1.02%
Gasoline •1 day	2.109	+0.008	+0.36%
Ethanol •249 days	2.161	+0.000	+0.00%
Silver •249 days	30.82	+1.16	+3.92%

Silver • 249 days	30.82	+1.16	+3.92%
Copper • 249 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	70.36	+0.90	+1.30%
Natural Gas • 1 day	4.399	+0.097	+2.25%
Heating Oil • 1 day	2.216	-0.008	-0.35%

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USD/CAD - Wide-Open For Another Leg Lower

By - May 31, 2017, 7:41 AM CDT

USD/CAD is trading lower below 1.3500. The pair is still lying in a downtrend channel. Hourly support can be found at 1.3424 (28/05/2017 low) then 1.3388 (25/01/2017 high). Expected to show continued bearish pressures within downtrend channel.

In the longer term, there is now a death cross with the 50 dma crossing below the 200 dma indicating further downside 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).

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