Market Comment Australia The S&P/ASX 200 index decreased 0.16% or 8.113pts to 5202.58 (day range: 5258.6 – 5195.4) on Friday. The index is above its 20d MA (@ 5172) and above its 50d MA (@ 5180). 57% of the index constituents are above their 20D MA (vs 58% the previous session)… read more
Daily
The following is a summary of the previous day’s foreign exchange market movements in the major currencies and the commodities markets. It is meant as an informative guide to the reasons underlying currency and commodity movements seen in the previous day’s foreign exchange trading. Together with a market snapshot at close of the New York session, indicators/events released during the session are outlined compared with their expected level of influence before release. This fundamental analysis summary also highlights upcoming data/events which may influence currency movements upon their release.
You will also find a technical analysis snapshot at time of release, highlighting support and resistances of each of the major currencies and gold. Coupled together with the reasons behind these important levels, traders can expect some support or resistance when these levels are reached.
Morning Dealing Room Technical Report
November 27, 2015Market Comment Australia The S&P/ASX 200 index rose 0.33% or 17.016pts to 5210.7 (day range: 5253.6 – 5185.8) on Thursday. The index is above its 20d MA (@ 5174) and above its 50d MA (@ 5179). Australia’s private capital expenditure dropped 9.2% YoY in 3Q vs -4.4% in 2Q, according to the… read more
Morning Dealing Room Technical Report
November 26, 2015Market Comment Australia The S&P/ASX 200 index declined 0.63% or 32.708pts to 5193.68 (day range: 5231.2 – 5192.1) on Wednesday. The index is above its 20d MA (@ 5177) and above its 50d MA (@ 5178). 57% of the index constituents are above their 20D MA (vs 62% the previous session)… read more
Morning Dealing Room Technical Report
November 25, 2015Market Comment Australia The S&P/ASX 200 index fell 0.95% or 50.033pts to 5226.39 (day range: 5276.4 – 5226.39) on Tuesday. The index is above its 20d MA (@ 5184) and above its 50d MA (@ 5176). 62% of the index constituents are above their 20D MA (vs 72% the previous session)… read more
Morning Dealing Room Technical Report
November 24, 2015Market Comment Australia The S&P/ASX 200 index gained 0.39% or 20.278pts to 5276.42 (day range: 5285.5 – 5244) on Monday. The index is above its 20d MA (@ 5190) and above its 50d MA (@ 5172). 72% of the index constituents are above their 20D MA (vs 68% the previous session)… read more
Morning Dealing Room Technical Report
November 23, 2015Market Comment Australia The S&P/ASX 200 index increased 0.26% or 13.578pts to 5256.14 (day range: 5272 – 5231) on Friday. The index is above its 20d MA (@ 5193) and above its 50d MA (@ 5168). 68% of the index constituents are above their 20D MA (vs 70% the previous session)… read more
Morning Dealing Room Technical Report
November 20, 2015Market Comment Australia The S&P/ASX 200 index surged 2.13% or 109.453pts to 5242.57 (day range: 5242.6 – 5133.1) on Thursday. The index is above its 20d MA (@ 5198) and above its 50d MA (@ 5164). 70% of the index constituents are above their 20D MA (vs 46% the previous session)… read more
Morning Dealing Room Technical Report
November 19, 2015Market Comment Australia The S&P/ASX 200 index increased 0.29% or 14.87pts to 5133.11 (day range: 5145.5 – 5082.7) on Wednesday. The index is below its 20d MA (@ 5199) and below its 50d MA (@ 5161). 46% of the index constituents are above their 20D MA (vs 40% the previous session)… read more
Morning Dealing Room Technical Report
November 18, 2015Market Comment Australia The S&P/ASX 200 index surged 2.29% or 114.425pts to 5118.24 (day range: 5118.24 – 5003.8) on Tuesday. The index is below its 20d MA (@ 5205) and below its 50d MA (@ 5163). 40% of the index constituents are above their 20D MA (vs 21% the previous… read more
Morning Dealing Room Technical Report
November 17, 2015Market Comment Australia The S&P/ASX 200 index decreased 0.94% or 47.437pts to 5003.82 (day range: 5051.3 – 4979.2) on Monday. The index is below its 20d MA (@ 5211) and below its 50d MA (@ 5163). 21% of the index constituents are above their 20D MA (vs 28% the previous session)… read more