Commodity Prices

Gold •273 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	988.20	-7.00	-0.70%
WTI Crude •10 mins	69.74	-1.97	-2.75%
Gasoline •10 mins	2.245	-0.086	-3.70%
Ethanol •273 days	2.161	+0.000	+0.00%
Silver •273 days	30.82	+1.16	+3.92%

Silver • 273 days	30.82	+1.16	+3.92%
Copper • 273 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.03	-1.92	-2.56%
Natural Gas • 11 mins	4.001	-0.054	-1.33%
Heating Oil • 10 mins	2.247	-0.075	-3.24%

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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