Commodity Prices

Gold •686 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,941.90	-17.70	-0.90%
WTI Crude •11 mins	99.57	+1.31	+1.33%
Gasoline •11 mins	3.474	-0.013	-0.38%
Ethanol •686 days	2.161	+0.000	+0.00%
Silver •686 days	30.82	+1.16	+3.92%

Silver • 686 days	30.82	+1.16	+3.92%
Copper • 686 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	106.05	+1.03	+0.98%
Natural Gas • 11 mins	3.023	+0.019	+0.63%
Heating Oil • 12 mins	3.921	-0.026	-0.66%

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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