http://www.fxtimes.com - Forex News, Analysis, Education, Charts, Videos, Webinars, Live Events and More We have seen commodity prices stabilize and fall recently. Gold, Silver, and Oil fell sharply towards the end of last week. The AUD/USD has been in and out of the traditional correlation with gold in the short-term, but the medium term picture shows both in topping action. USD/CAD rallied sharply the Obama administration announced it will tap strategic oil reserves. Finally the NZD/USD remains resilient, but has also stabilized the sharp rallies we have seen in 2011. Let's take a look at the charts, and wee what can we expect this coming week from a technical perspective? Fan Yang CMT Chief Technical Strategist FXTimes Information and opinions contained in this report are for educational purposes only and do not constitute an investment advice. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness. FXTimes will not accept liability for any loss of profit or damage which may arise directly, indirectly or consequently from use of or reliance on the trading set-ups or any accompanying chart analysis.
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