Commodity Prices

Gold •295 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	973.80	-6.50	-0.66%
WTI Crude •10 mins	63.17	+0.38	+0.61%
Gasoline •34 mins	2.117	+0.011	+0.53%
Ethanol •295 days	2.161	+0.000	+0.00%
Silver •295 days	30.82	+1.16	+3.92%

Silver • 295 days	30.82	+1.16	+3.92%
Copper • 295 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	66.94	+0.39	+0.59%
Natural Gas • 15 mins	2.938	+0.008	+0.27%
Heating Oil • 34 mins	2.157	+0.013	+0.62%

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AUD/USD: Moving Sideways with Wild Swings

By - Sep 24, 2012, 5:13 AM CDT

AUD/USD made sharp reversals on 20 September and 21 September. Monitor the implied support at 1.0368 and the implied resistance at 1.0519 (21/09/2012 high).

The proximity of the down trendline favours a significant phase of weakness. However, should a break to the upside out of the symmetrical triangle occur, it would force us to review our strategy.

Daily Technical Report