Commodity Prices

Gold •10 mins	1,648.80	+28.30	+1.75%
Platinum •10 mins	976.10	-2.90	-0.30%
WTI Crude •1 day	53.38	-0.50	-0.93%
Gasoline •1 day	1.761	-0.023	-1.31%
Ethanol •1 day	1.337	-0.013	-0.96%
Silver •10 mins	18.53	+0.21	+1.15%

Silver • 10 mins	18.53	+0.21	+1.15%
Copper • 10 mins	2.608	+0.020	+0.77%
Brent Crude • 1 day	57.94	-0.86	-1.46%
Natural Gas • 1 day	1.917	-0.014	-0.73%
Heating Oil • 1 day	1.682	-0.011	-0.67%

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AUD/USD - Ready For Another Upside Move

By - Aug 12, 2016, 6:40 AM CDT

AUD/USD has consolidated after breaking short-term uptrend. We continue to favour further strength. Hourly support is given at 0.7671 (intraday low). Strong resistance is given at 0.7835 (21/04/2016 high).

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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