Commodity Prices

Gold •606 days	2,368.70	+35.30	+1.51%
Platinum •14 mins	2,394.30	+20.80	+0.88%
WTI Crude •11 mins	71.26	+4.24	+6.33%
Gasoline •11 mins	2.366	+0.081	+3.54%
Ethanol •606 days	2.161	+0.000	+0.00%
Silver •606 days	30.82	+1.16	+3.92%

Silver • 606 days	30.82	+1.16	+3.92%
Copper • 606 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	77.69	+4.82	+6.61%
Natural Gas • 11 mins	2.899	+0.040	+1.40%
Heating Oil • 11 mins	2.832	+0.236	+9.07%

Headlines

991 days Will The ECB Continue To Hike Rates?
991 days Forbes: Aramco Remains Largest Company In The Middle East
993 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,393 days Could Crypto Overtake Traditional Investment?
1,397 days Americans Still Quitting Jobs At Record Pace
1,399 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,402 days Is The Dollar Too Strong?
1,403 days Big Tech Disappoints Investors on Earnings Calls
1,404 days Fear And Celebration On Twitter as Musk Takes The Reins
1,405 days China Is Quietly Trying To Distance Itself From Russia
1,406 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,409 days Crypto Investors Won Big In 2021
1,410 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,411 days Food Prices Are Skyrocketing As Putin’s War Persists
1,413 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,413 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,416 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,417 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,417 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,419 days Are NFTs About To Take Over Gaming?

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Trader Compares Current Market Environment To 2007

It’s a mistake to view…

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

Daily Technical Report

By - Jan 06, 2012, 5:50 AM CST

AUD/USD has seen a clear break higher out of the triangular consolidation that we highlighted last week. This now opens up a return to 1.0753 over coming sessions.

Elsewhere, the Aussie has weakened against the New Zealand dollar. Near-term price activity has mean reverted back over the 200-day MA and we watch for further setbacks over the multi-day/week horizon.

The Aussie dollar is also pairing back its mild recovery against the Japanese yen, while holding above the neck-line of its two-year distribution pattern.