Commodity Prices

Gold •295 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	972.50	-7.80	-0.80%
WTI Crude •10 mins	63.23	+0.44	+0.70%
Gasoline •12 mins	2.120	+0.015	+0.69%
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	67.01	+0.46	+0.69%
Natural Gas • 16 mins	2.942	+0.012	+0.41%
Heating Oil • 12 mins	2.161	+0.017	+0.80%

Headlines

680 days Will The ECB Continue To Hike Rates?
680 days Forbes: Aramco Remains Largest Company In The Middle East
682 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,081 days Could Crypto Overtake Traditional Investment?
1,086 days Americans Still Quitting Jobs At Record Pace
1,088 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,091 days Is The Dollar Too Strong?
1,092 days Big Tech Disappoints Investors on Earnings Calls
1,092 days Fear And Celebration On Twitter as Musk Takes The Reins
1,094 days China Is Quietly Trying To Distance Itself From Russia
1,094 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,098 days Crypto Investors Won Big In 2021
1,099 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,099 days Food Prices Are Skyrocketing As Putin’s War Persists
1,102 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,102 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,105 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,106 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,106 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,108 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How Millennials Are Reshaping Real Estate

The real estate market is…

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

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.

Daily Technical Report