"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •592 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 2,036.30 | -40.80 | -1.96% |
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WTI Crude •11 mins | 63.00 | +0.11 | +0.17% |
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Gasoline •14 mins | 1.905 | -0.006 | -0.33% |
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Ethanol •592 days | 2.161 | +0.000 | +0.00% |
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Silver •592 days | 30.82 | +1.16 | +3.92% |
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Silver • 592 days | 30.82 | +1.16 | +3.92% | |
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Copper • 592 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 11 mins | 67.90 | +0.15 | +0.22% | |
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Natural Gas • 11 mins | 3.003 | -0.240 | -7.40% | |
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Heating Oil • 13 mins | 2.390 | +0.002 | +0.08% |
Earnings season is well underway,…
Stocks sold off last week…
An economic slowdown in many…
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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