Commodity Prices

Gold •622 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,098.90	-37.60	-1.76%
WTI Crude •11 mins	94.32	-1.89	-1.96%
Gasoline •11 mins	3.104	-0.019	-0.62%
Ethanol •622 days	2.161	+0.000	+0.00%
Silver •622 days	30.82	+1.16	+3.92%

Silver • 622 days	30.82	+1.16	+3.92%
Copper • 622 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	101.97	-1.45	-1.40%
Natural Gas • 11 mins	2.969	-0.064	-2.11%
Heating Oil • 13 mins	3.948	-0.068	-1.68%

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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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