Commodity Prices

Gold •401 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,339.60	-14.60	-1.08%
WTI Crude •7 hours	63.88	+0.00	+0.00%
Gasoline •7 hours	2.086	+0.009	+0.41%
Ethanol •401 days	2.161	+0.000	+0.00%
Silver •401 days	30.82	+1.16	+3.92%

Silver • 401 days	30.82	+1.16	+3.92%
Copper • 401 days	4.530	+0.111	+2.51%
Brent Crude • 6 hours	66.59	+0.16	+0.24%
Natural Gas • 7 hours	2.990	-0.077	-2.51%
Heating Oil • 7 hours	2.279	+0.013	+0.55%

Headlines

786 days Will The ECB Continue To Hike Rates?
786 days Forbes: Aramco Remains Largest Company In The Middle East
788 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,187 days Could Crypto Overtake Traditional Investment?
1,192 days Americans Still Quitting Jobs At Record Pace
1,194 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,197 days Is The Dollar Too Strong?
1,198 days Big Tech Disappoints Investors on Earnings Calls
1,198 days Fear And Celebration On Twitter as Musk Takes The Reins
1,200 days China Is Quietly Trying To Distance Itself From Russia
1,200 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,204 days Crypto Investors Won Big In 2021
1,205 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,205 days Food Prices Are Skyrocketing As Putin’s War Persists
1,208 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,208 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,211 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,212 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,212 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,214 days Are NFTs About To Take Over Gaming?

Wells Fargo Back In The Spotlight Over Personal Loan Cancellations

Wells Fargo has done it…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

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: Grinding Higher Towards Resistance Levels

By - Nov 23, 2012, 5:18 AM CST

AUD/USD is moving sideways within the horizontal range defined by the support at 1.0305 and the resistance at 1.0475. The recent strength has pushed prices near the resistance at 1.0425 (see also declining trendline). However, the succession of lower highs since the 7 November high favours a bearish bias.

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).

Daily Technical Report