Commodity Prices

Gold •624 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,978.60	+34.90	+1.80%
WTI Crude •11 mins	95.50	-0.05	-0.05%
Gasoline •11 mins	3.171	+0.044	+1.40%
Ethanol •624 days	2.161	+0.000	+0.00%
Silver •624 days	30.82	+1.16	+3.92%

Silver • 624 days	30.82	+1.16	+3.92%
Copper • 624 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	108.48	-0.17	-0.16%
Natural Gas • 11 mins	3.057	-0.109	-3.44%
Heating Oil • 11 mins	4.356	+0.014	+0.31%

Headlines

1,009 days Will The ECB Continue To Hike Rates?
1,009 days Forbes: Aramco Remains Largest Company In The Middle East
1,011 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,411 days Could Crypto Overtake Traditional Investment?
1,416 days Americans Still Quitting Jobs At Record Pace
1,418 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,421 days Is The Dollar Too Strong?
1,421 days Big Tech Disappoints Investors on Earnings Calls
1,422 days Fear And Celebration On Twitter as Musk Takes The Reins
1,424 days China Is Quietly Trying To Distance Itself From Russia
1,424 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,428 days Crypto Investors Won Big In 2021
1,428 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,429 days Food Prices Are Skyrocketing As Putin’s War Persists
1,431 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,432 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,435 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,436 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,436 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,438 days Are NFTs About To Take Over Gaming?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How Millennials Are Reshaping Real Estate

The real estate market is…

Trader Compares Current Market Environment To 2007

It’s a mistake to view…

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