Commodity Prices

Gold •261 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	978.40	-13.60	-1.37%
WTI Crude •3 hours	68.28	+0.21	+0.31%
Gasoline •4 hours	2.195	+0.004	+0.20%
Ethanol •261 days	2.161	+0.000	+0.00%
Silver •261 days	30.82	+1.16	+3.92%

Silver • 261 days	30.82	+1.16	+3.92%
Copper • 261 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	72.16	+0.16	+0.22%
Natural Gas • 3 hours	3.980	+0.005	+0.13%
Heating Oil • 3 hours	2.250	-0.005	-0.21%

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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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