Commodity Prices

Gold •372 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,414.00	+1.50	+0.11%
WTI Crude •10 mins	66.85	+0.28	+0.42%
Gasoline •10 mins	2.149	-0.004	-0.18%
Ethanol •372 days	2.161	+0.000	+0.00%
Silver •372 days	30.82	+1.16	+3.92%

Silver • 372 days	30.82	+1.16	+3.92%
Copper • 372 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	68.85	+0.21	+0.31%
Natural Gas • 10 mins	3.344	+0.007	+0.21%
Heating Oil • 10 mins	2.383	-0.000	0.00%

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AUD/USD: Bullish Intraday Reversal

By - Apr 09, 2013, 5:36 AM CDT

AUD/USD made a bullish intraday reversal yesterday, invalidating a potential double-top formation. An hourly resistance can be found at 1.0454. Another resistance is at 1.0497 (26/03/2013 high). Hourly supports are at 1.0381 (intraday low) and 1.0348 (08/04/2013 low).

In the medium-term, AUD/USD is moving within the horizontal range defined by the support at 1.0149 (08/10/2012 low) and the resistance at 1.0613 (09/08/2012 high). The recent technical improvements favour a test of the top of this range.

Daily Technical Report