
USDCAD 5-Wave Impulse To Complete Triple Zigzag
The USDCAD currency pair forms a primary wave Ⓩ which is part of a global [...]
US markets continue to hit all-time record highs on a daily basis and it would be fair to say the majority of the bears have been sent into hibernation, but both bulls and bears will have at least one eye on the all-important Jackson Hole meeting, plus Fed Chairman Janet Yellen’s speech at midnight. This will be of particular important to the US Dollar, which has been strengthening of late, in anticipation of supportive news to follow.
How did the Aussie market perform today?
S&P/ASX200 gained 6.7 points or +0.12% on volume of $3.6 billion, closing at 5645.6.
Australian sector watch
Looking over the charts
ASX top 200 stock analysis
7% of stocks are showing oversold levels, 51% are showing overbought levels and 73% of stocks are currently above their long term moving average as of close of trading today. View the image below to better understand overbought and oversold levels.
S&P/ASX 200 Gainers and Losers
Top 5 gainers:
Top 5 Losers:
Please note that these are our initial impressions and that it is important to read all disclaimers on this website when considering the information. If you would like to discuss further please contact:
Ashley Jessen
Director of Communications
Email: ashley_jessen@invast.com.au
Phone: 02 8036 7567
Friday, 22 Aug, 2014 / 7:31
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