Commodity Prices

Gold •171 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	936.40	+12.90	+1.40%
WTI Crude •1 day	69.46	+0.08	+0.12%
Gasoline •1 day	1.942	+0.019	+0.98%
Ethanol •171 days	2.161	+0.000	+0.00%
Silver •171 days	30.82	+1.16	+3.92%

Silver • 171 days	30.82	+1.16	+3.92%
Copper • 171 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	72.94	+0.06	+0.08%
Natural Gas • 1 day	3.748	+0.164	+4.58%
Heating Oil • 1 day	2.232	-0.006	-0.27%

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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