Commodity Prices

Gold •622 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	2,051.10	-85.40	-4.00%
WTI Crude •11 mins	99.23	+3.02	+3.14%
Gasoline •11 mins	3.216	+0.092	+2.95%
Ethanol •622 days	2.161	+0.000	+0.00%
Silver •622 days	30.82	+1.16	+3.92%

Silver • 622 days	30.82	+1.16	+3.92%
Copper • 622 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	109.01	+5.59	+5.41%
Natural Gas • 11 mins	3.065	+0.032	+1.06%
Heating Oil • 11 mins	4.266	+0.250	+6.23%

Headlines

1,007 days Will The ECB Continue To Hike Rates?
1,007 days Forbes: Aramco Remains Largest Company In The Middle East
1,009 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,409 days Could Crypto Overtake Traditional Investment?
1,414 days Americans Still Quitting Jobs At Record Pace
1,416 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,419 days Is The Dollar Too Strong?
1,419 days Big Tech Disappoints Investors on Earnings Calls
1,420 days Fear And Celebration On Twitter as Musk Takes The Reins
1,422 days China Is Quietly Trying To Distance Itself From Russia
1,422 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,426 days Crypto Investors Won Big In 2021
1,426 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,427 days Food Prices Are Skyrocketing As Putin’s War Persists
1,429 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,430 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,433 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,434 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,434 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,436 days Are NFTs About To Take Over Gaming?

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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: Declining Sharply

By - Jul 04, 2014, 6:14 AM CDT

AUD/USD declined sharply yesterday, confirming exhaustion in the buying interest. Monitor the key support at 0.9319. Hourly resistances can now be found at 0.9388 and 0.9444 (03/07/2014 high). Another key support stands at 0.9206.

In the longer term, the false breakout at 0.9461 confirms a limited upside potential, favouring a bearish bias. However, a break of the key support at 0.9206 (03/04/2014 low) is needed to open the way for a new significant phase of decline.

Daily Technical Report