Stuart McPhee

Australian private trader for more than 20 years, author, trading coach, licensed adviser and regular speaker at major trading events all around the world. Graduate of RMC Duntroon and former Australian Army Officer.

AUD/USD near Seven Year Low at 0.6850

The Australian dollar has skidded to a seven-year low as commodity prices plunge and global stock markets tank on concerns around the Chinese economy and broader global growth prospects. At 7.20am (AEDT), the local unit is trading at US68.61c, down from US69.54c on Friday. The currency plunged to US68.27c during the Saturday morning session, the …

AUD/USD near Seven Year Low at 0.6850 Read More »

S&P/ASX 200 Sentiment Dips Further as 4900 Under Serious Threat

For the week beginning 18 January 2016, my very own Stuart McPhee Market Sentiment Indicator for the S&P/ASX 200 Index (XJO) has dipped strongly to below 30 as the ASX200 index is threatening to remain below the key 4900 and 5000 levels.  See below for notes on the indicator. Click on the image below for …

S&P/ASX 200 Sentiment Dips Further as 4900 Under Serious Threat Read More »