Commodity Prices

Gold •15 mins	1,648.80	+28.30	+1.75%
Platinum •15 mins	976.10	-2.90	-0.30%
WTI Crude •21 hours	53.38	-0.50	-0.93%
Gasoline •21 hours	1.761	-0.023	-1.31%
Ethanol •21 hours	1.337	-0.013	-0.96%
Silver •15 mins	18.53	+0.21	+1.15%

Silver • 15 mins	18.53	+0.21	+1.15%
Copper • 15 mins	2.608	+0.020	+0.77%
Brent Crude • 20 hours	57.94	-0.86	-1.46%
Natural Gas • 21 hours	1.917	-0.014	-0.73%
Heating Oil • 21 hours	1.682	-0.011	-0.67%

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AUD/USD - Trading Around The 200-DMA

By - Jan 16, 2017, 6:26 AM CST

AUD/USD has finally ended its rebound from support given at 0.7145 (24/05/2016 low). A short-term bullish technical structure dominates. Local support is given at 0.7331 (yesterday low). Expected to see further consolidation.

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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