Commodity Prices

Gold •794 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,826.00	-8.00	-0.44%
WTI Crude •22 hours	91.48	+0.18	+0.20%
Gasoline •22 hours	3.215	+0.080	+2.54%
Ethanol •794 days	2.161	+0.000	+0.00%
Silver •794 days	30.82	+1.16	+3.92%

Silver • 794 days	30.82	+1.16	+3.92%
Copper • 794 days	4.530	+0.111	+2.51%
Brent Crude • 21 hours	96.28	+0.76	+0.80%
Natural Gas • 22 hours	2.975	+0.062	+2.13%
Heating Oil • 22 hours	4.540	-0.053	-1.16%

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AUD/USD - Making New Lows

By - Aug 07, 2014, 5:43 AM CDT

AUD/USD has broken the key support at 0.9319, validating a bearish reversal pattern with a downside risk at 0.9206. Today's new lows confirm this downside potential. An hourly resistance lies at 0.9355/0.9374.

In the longer term, prices are consolidating within the range defined by the key support at 0.9206 and the key resistance at 0.9461 (10/04/2014 high)/0.9505. The break of the support at 0.9319 calls for a test of the low of the range.

Daily Technical Report