AUD/USD

Perspective and AUDUSD Surprises – Market Update

I received some sobering news this morning that one of the most popular members at my golf club died in the early hours of this morning, finally succumbing to his fight with cancer.  Many messages of support have flowed between members this morning and it is a good reminder about perspective.  Every Wednesday and Saturday …

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Some Struggles – Market Update

ASX200 In the last couple of weeks the ASX200 has attempted to rally and move back above the key 5800 level.  Despite its best efforts to rally however, it has been unable to move back through.   As I have mentioned a couple of times now, if the index remained below the 5800 level for …

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Levels are Incredible – Market Update

Whenever I conduct any technical analysis, I am always looking for key levels – ie. levels of support and resistance.  Whenever I present to people and conduct live analysis, invariably I will look for key levels and talk about what role they may have in future price movements. As I type here on a Friday, …

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ASX200 Making a Move – Market Update

ASX200 In the last few days the ASX200 has finally made a move and has broken down through the key 5800 level.  If it is to remain below the 5800 level for several days, this level is likely to provide some resistance should the index revisit it in the near future.  This of course makes …

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