"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •676 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 2,049.40 | -9.90 | -0.48% |
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WTI Crude •10 mins | 99.12 | +3.70 | +3.88% |
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Gasoline •11 mins | 3.601 | +0.074 | +2.10% |
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Ethanol •676 days | 2.161 | +0.000 | +0.00% |
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Silver •676 days | 30.82 | +1.16 | +3.92% |
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Silver • 676 days | 30.82 | +1.16 | +3.92% | |
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Copper • 676 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 104.87 | +3.58 | +3.53% | |
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Natural Gas • 11 mins | 2.826 | +0.069 | +2.50% | |
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Heating Oil • 11 mins | 4.000 | +0.101 | +2.59% |
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AUD/USD is moving below its strong support at 0.9582. Another strong support lies at 0.9388. Hourly resistances are at 0.9597 (28/05/2013 low) and 0.9696 (28/05/2013 high).
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).
We have adjusted our stop-loss to take into account the recent price developments.
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