Commodity Prices

Gold •294 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	975.60	-4.00	-0.41%
WTI Crude •10 mins	62.33	+0.06	+0.10%
Gasoline •2 hours	2.082	-0.002	-0.09%
Ethanol •294 days	2.161	+0.000	+0.00%
Silver •294 days	30.82	+1.16	+3.92%

Silver • 294 days	30.82	+1.16	+3.92%
Copper • 294 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	66.19	+0.07	+0.11%
Natural Gas • 14 mins	2.993	-0.029	-0.96%
Heating Oil • 16 mins	2.126	-0.001	-0.05%

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AUD/USD: Bounce is Fading

By - Apr 26, 2013, 5:54 AM CDT

AUD/USD is moving in a tiny range between the hourly support at 1.0285 and the hourly resistance at 1.0340. Another support is at 1.0221 (23/04/2013 low). A key resistance is at 1.0398 (16/04/2013 high).

A test of the key support area between 1.0177 and 1.0115 (04/03/2013 low) is expected.

In the medium-term, AUD/USD is moving within the horizontal range defined by the support at 1.0177 (25/07/2012 low) and the resistance at 1.0613 (09/08/2012 high). The direction of the break of this range is expected to give the next medium-term trend.

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