The March Canadian Dollar closed lower on Friday thereby renewing this month's decline. The low-range close sets the stage for a steady to lower opening on Monday.

Stochastic and the RSI are turning bearish signaling that sideways to lower prices is possible near-term. If March extends this week's decline, January's low crossing at 78.30 is the next downside target.

Closes above the reaction high crossing at 82.48 are needed to confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 80.33. Second resistance is the reaction high crossing at 82.48. First support is today's low crossing at 78.55. Second support is January's low crossing at 78.30.

The March Japanese Yen closed higher due to short covering on Friday as it consolidated some of this week's decline but remains below the 50% retracement level of the August-January rally crossing at .10333.

The mid-range close sets the stage for a steady opening on Monday. Stochastic and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term.

If March extends this month's decline, the 62% retracement level of the August-January rally crossing at .10058 is the next downside target. Closes above the 20-day moving average crossing at .10795 are needed to confirm that a short-term low has been posted.

First resistance is the 10-day moving average crossing at .10525. Second resistance is the 20-day moving average crossing at .10795. First support is Thursday's low crossing at .10132. Second support is the 62% retracement level crossing at .10058.

April gold closed lower on Friday and below the 20-day moving average crossing at 942.00.

A short covering rally tempered early losses and the mid-range close sets the stage for a steady opening on Monday.

Stochastic and the RSI are bearish signaling that sideways to lower prices is possible near-term. Multiple closes below the 20-day moving average crossing at 942.00 are needed to confirm that a short-term top has been posted. If April renews this year's rally, psychological resistance crossing at 1015.00 is the next upside target.

First resistance is the 10-day moving average crossing at 968.30. Second resistance is last Friday's high crossing at 1007.70. First support is today's low crossing at 927.00. Second support is the reaction low crossing at 891.90.

March silver closed higher on Friday due to short covering but remains below the 20-day moving average.

The mid-range close sets the stage for a steady opening on Monday. Stochastic and the RSI are bearish signaling that sideways to lower prices is possible near-term.

If March extends this week's decline, the reaction low crossing at 12.725 is the next downside target. Closes above the 10-day moving average crossing at 13.868 are needed to confirm that a short-term low has been posted.

First resistance is the 20-day moving average crossing at 13.366. Second resistance is the 10-day moving average crossing at 13.868.

First support is today's low crossing at 12.795. Second support is the reaction low crossing at 12.725.

March copper closed lower due to profit taking on Friday as it consolidated some of this week's rally but remains above the 20- day moving average crossing at 150.85.

The high-range close sets the stage for a steady to higher opening on Monday.

Stochastic and the RSI are bullish signaling that sideways to higher prices is possible near-term. Closes above the reaction high crossing at 157.60 are needed to confirm that a short-term low has been posted.

Closes below the 10-day moving average crossing at 148.27 would temper the near-term friendly outlook in the market. First resistance is Thursday's high crossing at 159.10. Second resistance is the reaction high crossing at 165.50.

First support is the 20-day moving average crossing at 150.85. Second support is the 10-day moving average crossing at 148.27.