"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •168 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 930.10 | -4.50 | -0.48% |
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WTI Crude •20 mins | 70.20 | -0.38 | -0.54% |
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Gasoline •10 mins | 1.930 | -0.013 | -0.68% |
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Ethanol •168 days | 2.161 | +0.000 | +0.00% |
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Silver •168 days | 30.82 | +1.16 | +3.92% |
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Silver • 168 days | 30.82 | +1.16 | +3.92% | |
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Copper • 168 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 72.97 | -0.42 | -0.57% | |
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Natural Gas • 10 mins | 3.452 | +0.078 | +2.31% | |
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Heating Oil • 32 mins | 2.242 | -0.013 | -0.56% |
An economic slowdown in many…
Wells Fargo has done it…
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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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