Commodity Prices

Gold •675 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,059.30	-3.00	-0.15%
WTI Crude •1 day	95.42	+0.61	+0.64%
Gasoline •1 day	3.527	+0.071	+2.05%
Ethanol •675 days	2.161	+0.000	+0.00%
Silver •675 days	30.82	+1.16	+3.92%

Silver • 675 days	30.82	+1.16	+3.92%
Copper • 675 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	101.29	+1.23	+1.23%
Natural Gas • 1 day	2.757	-0.012	-0.43%
Heating Oil • 1 day	3.899	+0.083	+2.16%

Headlines

1,060 days Will The ECB Continue To Hike Rates?
1,060 days Forbes: Aramco Remains Largest Company In The Middle East
1,062 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,462 days Could Crypto Overtake Traditional Investment?
1,467 days Americans Still Quitting Jobs At Record Pace
1,469 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,472 days Is The Dollar Too Strong?
1,472 days Big Tech Disappoints Investors on Earnings Calls
1,473 days Fear And Celebration On Twitter as Musk Takes The Reins
1,475 days China Is Quietly Trying To Distance Itself From Russia
1,475 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,479 days Crypto Investors Won Big In 2021
1,479 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,480 days Food Prices Are Skyrocketing As Putin’s War Persists
1,482 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,483 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,486 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,487 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,487 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,489 days Are NFTs About To Take Over Gaming?

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

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: Pushing Higher

By - Feb 11, 2014, 6:15 AM CST

AUD/USD has broken the resistance implied by its declining trendline. A further rise towards the resistance at 0.9086 is favoured as long as the hourly support at 0.8874 (05/02/2014 low) holds. An initial support stands at 0.8907 (10/02/2014 low).

The long-term technical pattern is negative and favours a further decline towards the key support at 0.8067 (25/05/2010 low), as long as prices remain below the resistance at 0.9168 (02/12/2013 high, see also the 200 day moving average). However, the general oversold conditions and the recent pick-up in buying interest pave the way for a rebound.

Daily Technical Report