Commodity Prices

Gold •338 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,168.10	+31.60	+2.78%
WTI Crude •15 hours	64.58	+1.21	+1.91%
Gasoline •15 hours	2.077	+0.014	+0.67%
Ethanol •338 days	2.161	+0.000	+0.00%
Silver •338 days	30.82	+1.16	+3.92%

Silver • 338 days	30.82	+1.16	+3.92%
Copper • 338 days	4.530	+0.111	+2.51%
Brent Crude • 14 hours	66.47	+1.13	+1.73%
Natural Gas • 15 hours	3.784	+0.107	+2.91%
Heating Oil • 15 hours	2.125	+0.031	+1.47%

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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.

Daily Technical Report