Commodity Prices

Gold •376 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,418.00	-51.90	-3.53%
WTI Crude •30 mins	66.98	-1.47	-2.15%
Gasoline •30 mins	2.165	-0.022	-0.99%
Ethanol •376 days	2.161	+0.000	+0.00%
Silver •376 days	30.82	+1.16	+3.92%

Silver • 376 days	30.82	+1.16	+3.92%
Copper • 376 days	4.530	+0.111	+2.51%
Brent Crude • 15 mins	69.02	-1.34	-1.90%
Natural Gas • 30 mins	3.466	+0.152	+4.59%
Heating Oil • 30 mins	2.390	-0.058	-2.35%

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USD/CAD: Drifting Lower

By - Apr 03, 2013, 6:06 AM CDT

USD/CAD has broken its support at 1.0181 (15/03/2013 low), which opens the way for a move towards the support at 1.0102 (19/02/2013 low). The hourly support at 1.0160 (22/02/2013 low, see also the rising trendline) has been broken. An hourly resistance is at 1.0196 (27/03/2013 low).

A corrective phase is underway. Given the lack of a proper bearish reversal pattern, the current downside potential is likely given by the supports at 1.0102 (19/02/2013 low) and 1.0000 (14/02/2013 low, see also 200 day moving average).

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