Commodity Prices

Gold •392 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,310.70	-64.20	-4.67%
WTI Crude •10 mins	69.31	-0.69	-0.99%
Gasoline •15 mins	2.237	-0.032	-1.40%
Ethanol •392 days	2.161	+0.000	+0.00%
Silver •392 days	30.82	+1.16	+3.92%

Silver • 392 days	30.82	+1.16	+3.92%
Copper • 392 days	4.530	+0.111	+2.51%
Brent Crude • 12 mins	72.66	-0.58	-0.79%
Natural Gas • 10 mins	3.018	-0.027	-0.89%
Heating Oil • 10 mins	2.417	-0.002	-0.06%

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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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