Commodity Prices

Gold •15 mins	2,352.80	+10.30	+0.44%
Platinum •15 mins	922.90	+2.40	+0.26%
WTI Crude •10 mins	83.68	+0.11	+0.13%
Gasoline •10 mins	2.758	-0.001	-0.03%
Ethanol •28 mins	2.161	+0.000	+0.00%
Silver •15 mins	27.65	+0.02	+0.06%

Silver • 15 mins	27.65	+0.02	+0.06%
Copper • 15 mins	4.574	+0.035	+0.77%
Brent Crude • 10 mins	89.35	+0.34	+0.38%
Natural Gas • 19 mins	1.619	-0.019	-1.16%
Heating Oil • 10 mins	2.545	-0.005	-0.20%

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Daily Technical Report

By - Nov 23, 2011, 6:00 AM CST

AUD/USD:Exited Short position. All 3 objectives met. AUD/USD is extending its decline, having recently broken through the 1.0000 psychological level.

The sustained move below 1.0000 is now compounding downside pressure on the rate's multi-year uptrend and push back towards 0.9611.

Elsewhere, the Aussie dollar remains strong against the New Zealand dollar. The pair is now is within a temporary positive cycle structure while it holds above its 200-day MA.

The Aussie dollar has reversed gains against the Japanese yen and is now trading back below the long-term 200-day MA which is currently at 82.80. Watch for further downside scope into 72.00 which would signal further unwinding of risk appetite.

Daily Technical Report