Commodity Prices

Gold •441 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,385.50	+8.90	+0.65%
WTI Crude •11 mins	63.67	-0.38	-0.59%
Gasoline •11 mins	2.009	-0.020	-0.98%
Ethanol •441 days	2.161	+0.000	+0.00%
Silver •441 days	30.82	+1.16	+3.92%

Silver • 441 days	30.82	+1.16	+3.92%
Copper • 441 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	67.59	-0.36	-0.53%
Natural Gas • 11 mins	3.065	-0.035	-1.13%
Heating Oil • 11 mins	2.335	-0.020	-0.86%

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AUD/USD: Pausing

By - May 22, 2013, 5:40 AM CDT

AUD/USD is pausing within its underlying downtrend. Hourly resistances are at 0.9843 and 0.9919 (15/05/2013 high). As long as prices remain below that second level, we favour a test of the key support at 0.9582. An hourly support is now at 0.9711.

In the medium-term, the break to the downside out of the horizontal range between 1.0177 (25/07/2012 low) and 1.0613 (09/08/2012 high) favours a test of the key support area given by 0.9582 (01/06/2012 low) and 0.9388 (04/10/2011 low).

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