Commodity Prices

Gold •271 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,004.10	-23.40	-2.28%
WTI Crude •10 mins	71.21	-0.27	-0.38%
Gasoline •10 mins	2.297	+0.006	+0.25%
Ethanol •272 days	2.161	+0.000	+0.00%
Silver •271 days	30.82	+1.16	+3.92%

Silver • 271 days	30.82	+1.16	+3.92%
Copper • 271 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.54	-0.23	-0.31%
Natural Gas • 10 mins	3.982	-0.137	-3.33%
Heating Oil • 10 mins	2.288	+0.009	+0.38%

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AUD/USD: Moving Below the Support at 1.0323

By - Oct 02, 2012, 5:19 AM CDT

AUD/USD is moving below its short-term support at 1.0323 (11/09/2012 low). A test of the strong support at 1.0177 is likely. Hourly resistance is at 1.0404.

The proximity of the down trendline, coupled with medium-term oscillators near overbought levels, favours a 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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