Commodity Prices

Gold •717 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,668.20	-39.10	-2.29%
WTI Crude •1 day	76.54	+0.69	+0.91%
Gasoline •1 day	3.004	+0.009	+0.31%
Ethanol •717 days	2.161	+0.000	+0.00%
Silver •717 days	30.82	+1.16	+3.92%

Silver • 717 days	30.82	+1.16	+3.92%
Copper • 717 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	80.57	+0.72	+0.90%
Natural Gas • 1 day	3.198	-0.035	-1.08%
Heating Oil • 1 day	3.195	+0.067	+2.15%

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AUD/USD: Weak Bounce Thus Far

By - Jun 07, 2013, 5:09 AM CDT

AUD/USD has thus far only managed to produce a dead cat bounce in an environment where the USD dollar is weak across the board. Monitor the key support at 0.9388 (04/10/2011 low). Hourly resistances are at 0.9674 (06/06/2013 high) and 0.9792 (03/06/2013 high).

In the longer-term, the break to the downside out of the long-term symmetrical triangle (see the daily chart) favours a move below the strong support area defined by 0.9582 (01/06/2012 low) and 0.9388 (04/10/2011 low).

Daily Technical Report