Tag: EU50

***Coronavirus fears are driving markets – cash fleeing to safe-haven currencies (CHF, JPY, USD). Stock markets down***   ASX 200 (Australian Stock Index – AUS200) – Daily & Weekly Charts   As suggested in our last indices update, price broke to the upside of the range resistance area and was …

*** Coronavirus fears are driving stock markets. Recession concerns, interest rate cuts and a drop in Oil prices are causing market volatility ***   ASX 200 (Australian Stock Index – AUS200)   Price is clearly down-trending. The moving averages are bearish and widening, suggesting that the downside momentum could continue. …

  ASX 200 (Australian Stock Index – AUS200)   As suggested in our last indices chart analysis, AUS200 has been reversing around the longer-term moving average and finding resistance around 6870.  Price is now looking a little indecisive and may be forming a horizontal channel(range) at 6397-6893. The moving averages …

  ASX 200 (Australian Stock Index – AUS200)   As suggested in our last indices analysis, price found support around 6371 and has since been bullish. The AUS200 is up-trending and is currently in a retrace phase. The moving averages are bullish and steady, signalling that the upside momentum could …

  ASX 200 (Australian Stock Index – AUS200)   As suggested in our last indices analysis, the ASX has been reversing off the horizontal levels at 6210 and 6371. Price has been bullish and has swung much higher. The moving averages have crossed bullish and are steady, signalling that the …

  ASX 200 (Australian Stock Index – AUS200)   The ASX has recently broken the bearish trend resistance and has since been retracing the recent sell-off. The moving averages are starting to tighten and are moving sideways, suggesting market indecision. Price action is moving between a number of horizontal support …