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Continuing to Fight – Market Update

ASX200 The ASX200 is showing some fight and has been able to move through the key level of 5800, even if only for the last few days.  Throughout the last month the ASX200 has attempted on numerous occasions to rally and move back above this level, and it has enjoyed some decent support from 5600 …

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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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