Forex Market Report: 17th August 2010

Forex Market Report: 17th August 2010

Summary: In the latest Forex Market Report we shine the spotlight on the Aussie Dollar and what appears to be an almost completed descending broadening formation.  Macro economic factors are fully supportive of the technical pattern that we are seeing, which is something that I always like to see.  The medium term technial picture couldn’t be more bullish.  If we see a...

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Stock Market Report – 6th July 2010

Stock Market Report – 6th July 2010

Summary: In the lastest stock market report, we take a look at the US stock market and its recent decline.  What stands out is the broad divergence in money flow occuring on this decline.  Our thoughts are that support around the S&P 1040 level is quite likely to hold.  Bullish divergences favour the odds of a snapback rally to the strong 1120 resistance levels. Please...

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Stock Market Report – June 2010

Stock Market Report – June 2010

In the Latest Stock Market Report, we look at the growing gap between inflation and deflation in Japan. Tought times appear to have been a thing of the past, but it could be too early to tell. If we take a look at a chart of the Australian Stock Market, we might be a little surprised to find out what is going on. Share and Enjoy:

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