
USDCAD 5-Wave Impulse To Complete Triple Zigzag
The USDCAD currency pair forms a primary wave Ⓩ which is part of a global [...]
Germany’s Dax index led the way overnight, pushing into record all-time highs yet again with strong gains also noted across the Dow Jones, S&P500 and Nasdaq indices, as traders patiently await the FOMC meeting and Janet Yellen’s statement Thursday morning at 5pm Sydney time. Locally, the Aussie 200 Index lept out of the gates, rising a quick-fire 50 points before moving into consolidation for the rest of the day, rising a solid 44.4 points of 0.8 per cent. Crude Oil hit new 6 year lows as traders pushed the commodity below key support levels with supply side issues becoming the dominant theme in the US.
How did the Aussie market perform today?
S&P/ASX200 gained 44.4 points or +0.76% on volume of $4.13 billion, closing at 5842.1.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
31% of stocks are showing oversold levels, 9% are showing overbought levels and 59% 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
Tuesday, 17 Mar, 2015 / 10:20
USDCAD 5-Wave Impulse To Complete Triple Zigzag
The USDCAD currency pair forms a primary wave Ⓩ which is part of a global [...]
Republicans U-Turn On Trump Impeachment
Dollar Slides Ahead of FOMC The dollar index closed 0.27% lower yesterday as [...]
WTI Crude breached our line in the sand resistance level at $52.60 to reach [...]