Commodity Prices

Gold •708 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,729.30	+63.60	+3.82%
WTI Crude •11 mins	85.83	-1.88	-2.14%
Gasoline •19 mins	3.055	-0.047	-1.51%
Ethanol •708 days	2.161	+0.000	+0.00%
Silver •708 days	30.82	+1.16	+3.92%

Silver • 708 days	30.82	+1.16	+3.92%
Copper • 708 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	90.38	-2.72	-2.92%
Natural Gas • 11 mins	3.080	-0.007	-0.23%
Heating Oil • 18 mins	3.453	-0.060	-1.71%

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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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