Commodity Prices

Gold •273 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	995.20	-9.40	-0.94%
WTI Crude •56 mins	71.71	+0.51	+0.72%
Gasoline •56 mins	2.331	+0.029	+1.24%
Ethanol •273 days	2.161	+0.000	+0.00%
Silver •273 days	30.82	+1.16	+3.92%

Silver • 273 days	30.82	+1.16	+3.92%
Copper • 273 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.33	-1.16	-1.56%
Natural Gas • 56 mins	4.055	+0.104	+2.63%
Heating Oil • 56 mins	2.322	+0.033	+1.45%

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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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