Commodity Prices

Gold •841 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,545.60	-31.30	-1.98%
WTI Crude •11 mins	102.43	+2.96	+2.98%
Gasoline •11 mins	3.200	+0.024	+0.75%
Ethanol •841 days	2.161	+0.000	+0.00%
Silver •841 days	30.82	+1.16	+3.92%

Silver • 841 days	30.82	+1.16	+3.92%
Copper • 841 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	116.04	+2.87	+2.54%
Natural Gas • 11 mins	2.690	-0.106	-3.79%
Heating Oil • 11 mins	4.978	+0.046	+0.93%

Headlines

1,226 days Will The ECB Continue To Hike Rates?
1,226 days Forbes: Aramco Remains Largest Company In The Middle East
1,228 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,628 days Could Crypto Overtake Traditional Investment?
1,633 days Americans Still Quitting Jobs At Record Pace
1,635 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,638 days Is The Dollar Too Strong?
1,638 days Big Tech Disappoints Investors on Earnings Calls
1,639 days Fear And Celebration On Twitter as Musk Takes The Reins
1,641 days China Is Quietly Trying To Distance Itself From Russia
1,641 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,645 days Crypto Investors Won Big In 2021
1,645 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,646 days Food Prices Are Skyrocketing As Putin’s War Persists
1,648 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,649 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,652 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,653 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,653 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,655 days Are NFTs About To Take Over Gaming?

Is The Bull Market On Its Last Legs?

This aging bull market may…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

MIG Bank

MIG BANK, formerly known as MIG INVESTMENTS, was established in Neuchatel, Switzerland as an online Forex broker and in 2009 became the world's 1st Forex…

More Info

Contact Author

AUD/USD: Back To its Previous Low

By - Dec 12, 2013, 5:10 AM CST

AUD/USD weakened sharply yesterday, confirming an underlying bearish trend. Monitor the support at 0.8999. Hourly resistances stand at 0.9082 (intraday high) and 0.9168.

AUD/USD has broken the key support at 0.9281, opening the way for a medium-term decline towards the support at 0.8893.

The long-term technical pattern remains negative thus far. A test of the support area between 0.8848 (05/08/2013 low) and 0.8893 (28/08/2013 low) is our most conservative longterm downside risk.

Daily Technical Report