Monthly Archives: March 2012

Aussie Dollar Selling Opportunities

Michael McCarthy and I have written a combined piece this morning on potential  opportunities in the Aussie Dollar. While AUD: USD has been under considerable selling pressure, the Aussie has held up relatively well against some of the cross rates.  … Continue reading

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Australia 200 Trigger

In overnight trading the Australia 200 index touched 4,356, just shy of a key level. This presents traders with three clearly defined short term trades.

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Posted in Market, Shares, Stocks, Trading | Tagged , | 6 Comments

Chart Review Webinars

Hi everyone, I’ll be hosting live chart review webinars today at 1pm and 7pm AEDT. If you’d like to attend you can register via the link below

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Buy Hong Kong

The radar’s flashing. In my opinion, its time to buy the Hong Kong market – a combination of fundamental and technical factors are pointing up.

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AUDUSD – Short Term Trading Levels Being Tested

Yesterday was a really interesting session. For much of the day we had a number of different signals that had us positioned on the short side of the local currency including double-top’s, ‘M-reversals’ and also some really neat pivot point … Continue reading

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Bernanke’s QE afterglow expected to give stocks a positive start

By Michael Hewson (Senior Market Analyst at CMC Markets UK) Yesterday’s unexpectedly downbeat comments from Fed Chairman Bernanke about the state of the US economy and the jobs outlook prompted a sharp sell-off in the US dollar and a sharp … Continue reading

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AUD:USD – Double Top Potential

The Aussie Dollar looks to be in the early stages of what may turn out to be a double top formation this morning. Those using Bollinger Bands to identify early entry opportunities may get an opportunity to enter with the … Continue reading

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Germany set to agree to bailout fund compromise

By Michael Hewson (Senior Market Analyst at CMC Markets UK) Concerns about the economic situation in Europe remain at the forefront of investor’s minds this week after the biggest negative week of 2012 for equity markets last week, on the … Continue reading

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EURUSD – long or short – that is the question

Hi everyone, to start the week I have a pretty straightforward chart to look at and that is the hourly EURUSD which is showing a very clear resistance level at around the 1.3285 level. It would appear at this stage … Continue reading

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AUDUSD – Opens the week at an interesting resistance level

The Aussie’s decline from 1.0857 has so far taken the form of a strong, impulsive move i.e strong downward moves interupted by relatively weak, corrective uptrends The market has opened this morning with the hourly chart sitting just under the … Continue reading

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