ASX200 Sentiment Indicator

Execution Gap and Market Update

First my apologies for not sending you a market update last week.  I was in Jakarta conducting some presentations for Indonesia’s largest FX broker and spent Friday afternoon and night flying home. I have also just returned home today from presenting for the ATAA in Perth last night – I always enjoy speaking over there …

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S&P/ASX 200 Sentiment Remains Above 70 as Index Consolidates Above 5500

For the week beginning 15 August 2016, my very own Stuart McPhee Market Sentiment Indicator for the S&P/ASX 200 Index (XJO) remains firmly in bullish territory just above 70, as the ASX200 index has consolidated a little in the last couple of weeks above the 5500 level.  See below for notes on the indicator. Click …

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AUD/USD Meets Resistance Around 0.7650 Again – Market Update

RBA Cuts Again The RBA cut the official cash rate again to a record low of 1.5%. Read more …  AUD/USD After dropping back below 0.75 within minutes of the RBA cutting rates again on Tuesday, the Australian dollar has since rallied higher to within reach of a three month high above the current resistance …

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