Commodity Prices

Gold •234 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	987.70	-9.50	-0.95%
WTI Crude •1 day	70.40	-2.08	-2.87%
Gasoline •1 day	2.027	-0.060	-2.87%
Ethanol •234 days	2.161	+0.000	+0.00%
Silver •234 days	30.82	+1.16	+3.92%

Silver • 234 days	30.82	+1.16	+3.92%
Copper • 234 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	74.43	-2.05	-2.68%
Natural Gas • 1 day	4.234	+0.082	+1.97%
Heating Oil • 1 day	2.432	-0.071	-2.84%

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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.

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