"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •638 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,983.20 | -6.50 | -0.33% |
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WTI Crude •18 hours | 111.54 | +11.42 | +11.41% |
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Gasoline •18 hours | 3.288 | +0.197 | +6.36% |
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Ethanol •638 days | 2.161 | +0.000 | +0.00% |
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Silver •638 days | 30.82 | +1.16 | +3.92% |
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Silver • 638 days | 30.82 | +1.16 | +3.92% | |
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Copper • 638 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 17 hours | 109.03 | +7.87 | +7.78% | |
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Natural Gas • 18 hours | 2.800 | -0.019 | -0.67% | |
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Heating Oil • 18 hours | 4.361 | +0.304 | +7.50% |
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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). Hourly resistance at 0.7260 (23/05/2016 high) confirms 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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