Commodity Prices

Gold •287 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	969.50	-10.60	-1.08%
WTI Crude •10 mins	63.13	+0.66	+1.06%
Gasoline •10 mins	2.055	+0.012	+0.59%
Ethanol •287 days	2.161	+0.000	+0.00%
Silver •287 days	30.82	+1.16	+3.92%

Silver • 287 days	30.82	+1.16	+3.92%
Copper • 287 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.42	+0.57	+0.87%
Natural Gas • 10 mins	3.278	+0.031	+0.95%
Heating Oil • 10 mins	2.122	+0.006	+0.29%

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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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