Commodity Prices

Gold •10 mins	2,309.50	-48.20	-2.04%
Platinum •10 mins	943.80	-17.70	-1.84%
WTI Crude •10 mins	81.89	-0.74	-0.90%
Gasoline •17 mins	2.692	-0.056	-2.05%
Ethanol •19 hours	2.161	+0.000	+0.00%
Silver •10 mins	26.71	-0.95	-3.43%

Silver • 10 mins	26.71	-0.95	-3.43%
Copper • 10 mins	4.563	-0.114	-2.44%
Brent Crude • 10 mins	87.86	-0.54	-0.61%
Natural Gas • 10 mins	2.016	-0.014	-0.69%
Heating Oil • 37 mins	2.513	-0.019	-0.73%

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AUD/USD: Bullish Engulfing Pattern Favors Further Short-Term Strength

By - Oct 25, 2012, 5:42 AM CDT

AUD/USD rose sharply yesterday, erasing most of its recent decline. A test of the previous high at 1.0412 is expected. Another resistance can be found at 1.0475 (28/09/2012 high). An hourly support is at 1.0325 (intraday low).

AUD/USD is moving within a medium-term horizontal range defined by the support at 1.0177 (25/07/2012 low) and the resistance at 1.0613 (09/08/2012 high).

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