
Intraday Market Analysis – Recovery Momentum
EURUSD breaks above key resistance eurusd The euro recoups last month’s [...]
Despite the US Markets being closed for Martin Luther King day, the Asian session was quite active with the Nikkei Index breaking out of a recent range and the Aussie 200 Index managing to hold on to current support levels and remain flat for the session after being down around 25 points from Monday’s close. Chinese GDP figures came in at 7.3 per cent versus the expected 7.2 per cent but the Aussie Dollar was unable to benefit from that news, falling to 0.8182.
How did the Aussie market perform today?
S&P/ASX200 lost 1.4 points or -0.03% on volume of $3.65 billion, closing at 5307.7.
Australian sector watch
Looking over the charts
Chart Courtesy of Invast MT4
ASX top 200 stock analysis
46% of stocks are showing oversold levels, 10% are showing overbought levels and 42% 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, 20 Jan, 2015 / 10:04
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