Commodity Prices

Gold •810 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,805.50	-0.90	-0.05%
WTI Crude •20 mins	92.37	-3.71	-3.86%
Gasoline •33 mins	3.470	-0.058	-1.64%
Ethanol •810 days	2.161	+0.000	+0.00%
Silver •810 days	30.82	+1.16	+3.92%

Silver • 810 days	30.82	+1.16	+3.92%
Copper • 810 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	100.09	-3.78	-3.64%
Natural Gas • 20 mins	2.836	-0.076	-2.61%
Heating Oil • 20 mins	4.890	-0.168	-3.33%

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USD/CAD - Under 0.9907 To Weaken Further

By - Feb 29, 2012, 6:07 AM CST

USD/CAD is now approaching 0.9907. A break under this level will confirm 1.0050 as a lower high, targeting 0.9890 immediately.

We would need to see re-capture of 1.0052 from here to suggest basing potential, with scope then for a push towards minor resistance at 1.0163 and possibly 1.0250 in a more bullish multi-week scenario.

EUR/CAD, which tends to share a positive correlation with EUR/USD, has breached the top of a trading band and now targets broken support at 1.3394 as this yearâ€™s recovery extends.

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