Commodity Prices

Gold •731 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,651.90	+23.80	+1.46%
WTI Crude •1 day	68.78	+0.09	+0.13%
Gasoline •1 day	2.953	+0.036	+1.23%
Ethanol •731 days	2.161	+0.000	+0.00%
Silver •731 days	30.82	+1.16	+3.92%

Silver • 731 days	30.82	+1.16	+3.92%
Copper • 731 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	72.12	+0.32	+0.45%
Natural Gas • 1 day	3.245	+0.049	+1.53%
Heating Oil • 1 day	3.257	+0.074	+2.34%

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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