"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •332 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,054.90 | -24.50 | -2.27% |
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WTI Crude •1 day | 60.79 | -0.15 | -0.25% |
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Gasoline •1 day | 2.015 | -0.022 | -1.08% |
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Ethanol •332 days | 2.161 | +0.000 | +0.00% |
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Silver •332 days | 30.82 | +1.16 | +3.92% |
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Silver • 332 days | 30.82 | +1.16 | +3.92% | |
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Copper • 332 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 62.78 | -0.57 | -0.90% | |
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Natural Gas • 1 day | 3.447 | -0.075 | -2.13% | |
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Heating Oil • 1 day | 2.005 | -0.029 | -1.42% |
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AUD/USD keeps on weakening. Key resistance is located far away at 0.7756 (10/08/2016 high). Hourly support is found at 0.7490 (31/08/2016 low). Expected to further decline.
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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