“if there isn’t a 10 per cent fall or a technical correction in stocks between now and August, they will post the third-longest bull market since 1937.” http://www.afr.com/markets/equity-markets/value-investors-nervous-as-asx200-on-the-brink-20150626-ghuk41 BLOOMBERG : “The correlation between the nation’s benchmark… Continue reading
Biggest positive for the week would be the China – Australia FTA on 17 June to knock off the big drop in iron ore prices again. “Australian businesses currently face charges of up… Continue reading
A last minute rally saved the week to give us the benign ending that masked the trials and tribulations in between. The action revolved around the slew of positive economic data, central bank… Continue reading
We are pretty close to the 6 year low of 0.7533 set on 3 April in the AUDUSD despite closing the week relatively unchanged and shorts are building up again as the RBA… Continue reading
The AUDUSD continues to track Mount Everest for the month of May and we are right down to the base camp level now (and I still cannot believe Dark Knight called the high… Continue reading
First, I would like to thank my friend The Dark Knight for his amazing spot on AUDUSD call on Monday for the weekly high in the AUDUSD was 0.8164 against his call for… Continue reading
If you were scratching your head last week watching AUDUSD price action, keep scratching and say Fiddlesticks ! Many a trader died trading the AUD this week. It was the AUDNZD gangster pair… Continue reading
A cheeky interpretation of the AUDUSD chart for the week as a solemn tribute to the devastation in Nepal. And my eagle eyes tell me that the candlestick on 28 April is the… Continue reading
A big apology for the updates because I just discovered that the 1wk change number for iron ore has not been updating. The problem has been fixed. The Australian dollar is not… Continue reading
https://www.youtube.com/watch?v=pA-EcqOCRkI Enough bad news to bring out tears as iron ore and coal look grim and dismal with no respite in sight despite the global equity market euphoria led by the Chinese. RBA… Continue reading