Commodity Prices

Gold •646 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,066.80	-45.30	-2.14%
WTI Crude •11 mins	96.35	-1.52	-1.55%
Gasoline •11 mins	3.016	+0.015	+0.50%
Ethanol •646 days	2.161	+0.000	+0.00%
Silver •646 days	30.82	+1.16	+3.92%

Silver • 646 days	30.82	+1.16	+3.92%
Copper • 646 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	94.60	-1.32	-1.38%
Natural Gas • 11 mins	2.641	-0.029	-1.09%
Heating Oil • 11 mins	3.742	-0.195	-4.96%

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USD/CAD: Moving Higher

By - Mar 01, 2013, 5:37 AM CST

USD/CAD has broken the key resistance defined by the high of the medium-term declining channel and 1.0250 (12/07/2012 high). Resistances can be found at 1.0363 (28/06/2012 high) and 1.0447 (04/06/2012 high). A support is at 1.0217 (28/02/2013 low).

A decisive weekly close above the mediumterm declining channel (linking the April 2011 high with the April 2012 high) would invalidate our scenario of a return towards the support at 0.9633 (14/09/2012 low) in the long-term. A key resistance lies at 1.0447 (04/06/2012 high).

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