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Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

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AUD/USD - Heading Lower

AUD/USD remains weak, confirming an underlying bearish trend. Monitor the supports at 0.8567 and 0.8541. Hourly resistances stand at 0.8620 (intraday high) and 0.8661 (intraday low).

In the long-term, the break of the strong support at 0.8660 (24/01/2014 low) confirms the underlying long-term bearish trend and opens the way for further weakness. Supports can be found at 0.8316 (01/07/2010 low) and 0.8067 (25/05/2010 low). A key resistance stands at 0.8911 (29/10/2014 high).

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