The Australian Stock Exchange was born on 1 April 1987, incorporated under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges. It merged with the Sydney Futures Exchange in 2006 to become The Australian Securities Exchange. From 2010, Australian Securities Exchange Limited became known as ASX Limited. A variety of asset classes and services are available. Amongst others, the exchange offers shares, debt securities, derivatives and commodities. The company provides trading, settlement, clearing and listing services. ASX Limited as a group entity maintains many whole owned subsidiaries, which have different roles within the group. ASX Limited and Australian Securities Exchange Limited are licensed to operate financial markets while ASX Clear, ASX Clear (Futures), Austraclear Limited and ASX Settlement Pty Limited are licensed to operate clearing and settlement facilities.
noninstitutional
. . . . . . Please enter your login information Username Password Remember Me Forgot Password (Members:…
Background made of polish zloty and swiss franc banknotes
USDCHF has long since been a great canary in the coalmine for DXY (USD index). Today’s green candle is very similar to 11/30 (last day of Nov) so have to take it with a grain of salt. Keep watching USDCHF for signs of bottoming, that would be an early precursor of a dollar bottom, but any red candle on monday would negate any ST bottom potential.
. . . . . . Please enter your login information Username Password Remember Me Forgot Password (Members:…
. . . . . . Please enter your login information Username Password Remember Me Forgot Password (Members:…
The “Global Price” of Gold, this ratio compared Gold to the entire basket of USD currencies. As I have proved earlier this year Gold had already broken the DXY ratio relationship, and this usually happens at major peaks of this ratio (hence why it breaks). If you notice this peak was at a lower level of 22:1
. . . . . . Please enter your login information Username Password Remember Me Forgot Password (Members:…
The Europound market involves deposits of British pounds outside of the jurisdiction of the Bank of England. This currency pair is especially important because it is the two largest currencies in the DXY US-Basket of currencies, thus it is paramount in the Global Forex Parity thesis.
( 5-12-21): AUDCAD so far has clearly rejected at that upper purple TL resistance. However, like prior rejections price action has flushed all the way back to the BC before returning back up, so just because the 13MA did not hold it does not necessarily mean it cannot return back up to that TL. However, with that said…
West Texas Intermediate (WTI) is a light, sweet crude oil that serves as one of the main global oil benchmarks. It is sourced primarily from inland Texas and is one of the highest quality oils in the world, which is easy to refine. WTI is the underlying commodity for the NYMEX’s oil futures contract. WTI is known as a light sweet oil because it contains around 0.34% sulfur, making it “sweet,” and has a low density (specific gravity), making it “light.”1