Commodity Prices

Gold •710 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,712.20	+46.50	+2.79%
WTI Crude •1 day	84.88	-2.83	-3.23%
Gasoline •1 day	3.050	-0.052	-1.66%
Ethanol •710 days	2.161	+0.000	+0.00%
Silver •710 days	30.82	+1.16	+3.92%

Silver • 710 days	30.82	+1.16	+3.92%
Copper • 710 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	87.33	-3.05	-3.37%
Natural Gas • 1 day	3.120	+0.033	+1.07%
Heating Oil • 1 day	3.404	-0.109	-3.09%

Headlines

1,095 days Will The ECB Continue To Hike Rates?
1,095 days Forbes: Aramco Remains Largest Company In The Middle East
1,097 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,497 days Could Crypto Overtake Traditional Investment?
1,502 days Americans Still Quitting Jobs At Record Pace
1,504 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,507 days Is The Dollar Too Strong?
1,507 days Big Tech Disappoints Investors on Earnings Calls
1,508 days Fear And Celebration On Twitter as Musk Takes The Reins
1,510 days China Is Quietly Trying To Distance Itself From Russia
1,510 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,514 days Crypto Investors Won Big In 2021
1,514 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,515 days Food Prices Are Skyrocketing As Putin’s War Persists
1,517 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,518 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,521 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,522 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,522 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,524 days Are NFTs About To Take Over Gaming?

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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.