Commodity Prices

Gold •313 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	978.00	-23.60	-2.36%
WTI Crude •10 mins	62.10	+1.08	+1.77%
Gasoline •10 mins	2.137	+0.028	+1.35%
Ethanol •313 days	2.161	+0.000	+0.00%
Silver •313 days	30.82	+1.16	+3.92%

Silver • 313 days	30.82	+1.16	+3.92%
Copper • 313 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	65.06	+1.15	+1.80%
Natural Gas • 10 mins	3.661	-0.134	-3.53%
Heating Oil • 10 mins	2.113	+0.047	+2.25%

Headlines

697 days Will The ECB Continue To Hike Rates?
698 days Forbes: Aramco Remains Largest Company In The Middle East
699 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,099 days Could Crypto Overtake Traditional Investment?
1,104 days Americans Still Quitting Jobs At Record Pace
1,106 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,109 days Is The Dollar Too Strong?
1,109 days Big Tech Disappoints Investors on Earnings Calls
1,110 days Fear And Celebration On Twitter as Musk Takes The Reins
1,112 days China Is Quietly Trying To Distance Itself From Russia
1,112 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,116 days Crypto Investors Won Big In 2021
1,116 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,117 days Food Prices Are Skyrocketing As Putin’s War Persists
1,119 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,120 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,123 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,124 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,124 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,126 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

The Biggest Challenge Facing West Africa's Single Currency Plan

The Economic Community of West…

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: 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: Trying to Bounce

By - Apr 30, 2014, 5:31 AM CDT

AUD/USD is trying to bounce near the support area given by 0.9214 and the rising channel (around 0.9210). A break of the hourly resistance at 0.9317 (28/04/2014 high, see also the declining trendline) is needed to improve the short-term technical structure. Another resistance lies at 0.9378 (22/04/2014 high).

In the medium-term, the successful test of the key resistance at 0.9448 could signal the end of the recent phase of AUD appreciation. However, a break of the aforementioned support area between 0.9214 and 0.9210 is needed to confirm such scenario.

Daily Technical Report