Commodity Prices

Gold •404 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,336.70	-6.80	-0.51%
WTI Crude •13 mins	63.51	-0.45	-0.70%
Gasoline •13 mins	2.078	+0.002	+0.09%
Ethanol •404 days	2.161	+0.000	+0.00%
Silver •404 days	30.82	+1.16	+3.92%

Silver • 404 days	30.82	+1.16	+3.92%
Copper • 404 days	4.530	+0.111	+2.51%
Brent Crude • 13 mins	66.34	-0.29	-0.44%
Natural Gas • 13 mins	2.854	-0.100	-3.39%
Heating Oil • 13 mins	2.262	-0.029	-1.25%

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AUD/USD - Challenging its Recent Lows

By - Apr 01, 2015, 5:06 AM CDT

AUD/USD is close to the support area between 0.7591 (18/03/2015 low) and 0.7561 (11/03/2015 low). Hourly resistances for a bounce are given by 0.7665 and the declining trendline (around 0.7767).

In the long-term, there is no sign to suggest the end of the current downtrend. Key supports stand at 0.7451 (18/05/2009 low) and 0.7000 (psychological threshold). A break of the key resistance at 0.8295 (15/01/2015 high) is needed to invalidate our long-term bearish view.

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