Commodity Prices

Gold •816 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,753.80	-43.90	-2.44%
WTI Crude •11 mins	94.21	+1.80	+1.95%
Gasoline •11 mins	3.402	+0.008	+0.24%
Ethanol •816 days	2.161	+0.000	+0.00%
Silver •816 days	30.82	+1.16	+3.92%

Silver • 816 days	30.82	+1.16	+3.92%
Copper • 816 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	106.48	+2.16	+2.07%
Natural Gas • 14 mins	3.087	-0.109	-3.41%
Heating Oil • 11 mins	4.730	+0.046	+0.97%

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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