Commodity Prices

Gold •387 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,422.80	-17.70	-1.23%
WTI Crude •15 hours	65.16	-0.87	-1.32%
Gasoline •15 hours	2.097	-0.007	-0.34%
Ethanol •387 days	2.161	+0.000	+0.00%
Silver •387 days	30.82	+1.16	+3.92%

Silver • 387 days	30.82	+1.16	+3.92%
Copper • 387 days	4.530	+0.111	+2.51%
Brent Crude • 14 hours	68.44	-0.74	-1.07%
Natural Gas • 15 hours	3.110	+0.016	+0.52%
Heating Oil • 15 hours	2.406	-0.007	-0.28%

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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.

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