Market Comment Australia The S&P/ASX 200 index fell 1.45% or 74.437pts to 5051.26 (day range: 5125.7 – 5010.4) on Friday. The index is below its 20d MA (@ 5224) and below its 50d MA (@ 5164). 28% of the index constituents are above their 20D MA (vs 41% 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 16, 2015Market Comment Australia The S&P/ASX 200 index fell 1.45% or 74.437pts to 5051.26 (day range: 5125.7 – 5010.4) on Friday. The index is below its 20d MA (@ 5224) and below its 50d MA (@ 5164). 28% of the index constituents are above their 20D MA (vs 41% the previous… read more
Morning Dealing Room Technical Report
November 13, 2015Market Comment Australia The S&P/ASX 200 index edged up 0.06% or 3.068pts to 5125.69 (day range: 5150.1 – 5083.2) on Thursday. The index is below its 20d MA (@ 5235) and below its 50d MA (@ 5163). 41% of the index constituents are above their 20D MA (vs 40% the previous… read more
Morning Dealing Room Technical Report
November 12, 2015Market Comment Australia The S&P/ASX 200 index rose 0.46% or 23.391pts to 5122.62 (day range: 5130.9 – 5092.6) on Wednesday. The index is below its 20d MA (@ 5240) and below its 50d MA (@ 5161). 40% of the index constituents are above their 20D MA (vs 38% the previous session)… read more
Morning Dealing Room Technical Report
November 11, 2015Market Comment Australia he S&P/ASX 200 index fell 0.4% or 20.261pts to 5099.23 (day range: 5119.5 – 5047) on Tuesday. The index is below its 20d MA (@ 5244) and below its 50d MA (@ 5161). 38% of the index constituents are above their 20D MA (vs 48% the previous session)… read more
Morning Dealing Room Technical Report
November 10, 2015Market Comment Australia The S&P/ASX 200 index dropped 1.83% or 95.514pts to 5119.49 (day range: 5215 – 5102.8) on Monday. The index is below its 20d MA (@ 5249) and below its 50d MA (@ 5161). 48% of the index constituents are above their 20D MA (vs 66% the previous session)… read more
Morning Dealing Room Technical Report
November 9, 2015Market Comment Australia The S&P/ASX 200 index rose 0.42% or 22.037pts to 5215.01 (day range: 5216.6 – 5152.8) on Friday. The index is below its 20d MA (@ 5255) and above its 50d MA (@ 5163). 66% of the index constituents are above their 20D MA (vs 62%… read more
Morning Dealing Room Technical Report
November 6, 2015Market Comment Australia The S&P/ASX 200 index fell 0.94% or 49.322pts to 5192.97 (day range: 5247.6 – 5167.4) on Thursday. The index is below its 20d MA (@ 5258) and above its 50d MA (@ 5164). 62% of the index constituents are above their 20D MA (vs 69% the previous session)… read more
Morning Dealing Room Technical Report
November 5, 2015Market Comment Australia The S&P/ASX 200 index was flat on Wednesday. The index is below its 20d MA (@ 5259) and above its 50d MA (@ 5164). 69% of the index constituents are above their 20D MA (vs 70% the previous session) and 76% of the shares are above their 50D… read more
Morning Dealing Room Technical Report
November 4, 2015Market Comment Australia The S&P/ASX 200 index jumped 1.42% or 73.465pts to 5239.22 (day range: 5246.4 – 5165.8) on Tuesday. The index is below its 20d MA (@ 5256) and above its 50d MA (@ 5163). 70% of the index constituents are above their 20D MA (vs 59% the previous session)… read more