Commodity Prices

Gold •517 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,654.60	+4.40	+0.27%
WTI Crude •11 mins	59.39	+0.75	+1.28%
Gasoline •11 mins	1.848	+0.018	+0.98%
Ethanol •517 days	2.161	+0.000	+0.00%
Silver •517 days	30.82	+1.16	+3.92%

Silver • 517 days	30.82	+1.16	+3.92%
Copper • 517 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	63.14	+0.69	+1.10%
Natural Gas • 11 mins	4.957	+0.117	+2.42%
Heating Oil • 11 mins	2.301	-0.012	-0.50%

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AUD/USD - Strong Selling Pressures at Work

By - Sep 12, 2014, 5:48 AM CDT

AUD/USD has broken the key support area defined by 0.9206. The short-term technical structure is negative as long as prices remain below the resistance at 0.9218 (10/09/2014 high).

In the medium-term, the break to the downside out of the 5 month horizontal range between 0.9206 and 0.9505 (bearish head and shoulders formation) calls for a further decline towards the support at 0.8891 (03/03/2014 low).

Daily Technical Report