Commodity Prices

Gold •261 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	978.40	-13.60	-1.37%
WTI Crude •3 hours	68.28	+0.21	+0.31%
Gasoline •3 hours	2.195	+0.004	+0.20%
Ethanol •261 days	2.161	+0.000	+0.00%
Silver •261 days	30.82	+1.16	+3.92%

Silver • 261 days	30.82	+1.16	+3.92%
Copper • 261 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	72.16	+0.16	+0.22%
Natural Gas • 3 hours	3.980	+0.005	+0.13%
Heating Oil • 3 hours	2.250	-0.005	-0.21%

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AUD/USD - Ready For Upside Move

By - May 31, 2016, 5:59 AM CDT

AUD/USD is reversing. Hourly support is located at 0.7145 (24/05/2016 low). Stronger daily support is given at 0.7110 (29/10/2016 low). A break of hourly resistance at 0.7260 (23/05/2016 high) would confirm buying pressures.

In the long-term, we are waiting for further signs that the current downtrend is ending. Key supports stand at 0.6009 (31/10/2008 low) . 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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