Commodity Prices

Gold •747 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,598.60	-5.40	-0.34%
WTI Crude •12 mins	82.53	+0.05	+0.06%
Gasoline •39 mins	3.404	+0.015	+0.43%
Ethanol •747 days	2.161	+0.000	+0.00%
Silver •747 days	30.82	+1.16	+3.92%

Silver • 747 days	30.82	+1.16	+3.92%
Copper • 747 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	89.22	+1.12	+1.27%
Natural Gas • 13 mins	2.842	-0.018	-0.63%
Heating Oil • 14 mins	4.118	-0.001	-0.02%

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AUD/USD - Targeting Resistance At 0.7517

By - Jun 08, 2016, 6:28 AM CDT

AUD/USD is pushing higher. 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 lies at 0.7517 (04/05/2016 high). The medium-term momentum is still bearish. Expected to further strengthen.

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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