The ASX200 index has made another run at the key 6000 level this week only to be turned away again. In fact, every day this week it has been above the 6000 level however only once did it close above there.
The all time highs this week:
- ADELAIDE BRIGHTON ORDINARY
- ALTIUM LIMITED ORDINARY
- APPEN LIMITED ORDINARY
- ARB CORPORATION. ORDINARY
- ARENA REIT. STAPLED
- ARISTOCRAT LEISURE ORDINARY
- AUSNET SERVICES LTD ORDINARY
- BREVILLE GROUP LTD ORDINARY
- CARSALES.COM LTD. ORDINARY
- CHALLENGER LIMITED ORDINARY
- COCHLEAR LIMITED ORDINARY
- COMPUTERSHARE LTD ORDINARY
- CREDIT CORP GROUP ORDINARY
- CSL LIMITED ORDINARY
- CVC LIMITED ORDINARY
- FOLKESTONE EDU TRUST UNITS
- FREEDOM FOOD LTD ORDINARY
- GDI PROPERTY GRP STAPLED SECURITIES
- HOTEL PROPERTY STAPLED
- HUB24 LTD ORDINARY
- INTEGRAL DIAGNOSTICS ORDINARY
- INVOCARE LIMITED ORDINARY
- MACQUARIE GROUP LTD ORDINARY
- MINERAL RESOURCES. ORDINARY
- MNF GROUP LTD ORDINARY
- NEXTDC LIMITED ORDINARY
- NIB HOLDINGS LIMITED ORDINARY
- NORTHERN STAR ORDINARY
- REA GROUP ORDINARY
- RURAL FUNDS GROUP STAPLED
- SEEK LIMITED ORDINARY
- SPEEDCAST INT LTD ORDINARY
- STEADFAST GROUP LTD ORDINARY
- THE CITADEL GRP ORDINARY
… with no new all time lows this week.
Daily chart of S&P/ASX200 Index | Image from MetaStock
The last few months have seen the AUDUSD decline considerably from above 0.80 to it present trading levels below 0.76.
In the last week it has continued to decline from a two week high near 0.7650 back down below 0.76 again. It is quickly approaching the five month low just above 0.75 again and this level is the next most likely support might kick in around 0.75 which has supported it numerous times during this year.
As I type this, it is currently trading around 0.7562.
Daily chart of AUDUSD | Image from MetaStock
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