AUS INDEX WEEKLY ANALYSIS
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AUS INDEX WEEKLY ANALYSIS
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AUD INDEX WEEKLY ANALYSIS
Short-term Primary Cycle: The Primary Cycle is in its accumulation phase as confirmed by last weeks strong move up. We did mention that this rally was likely short-lived, and that was true to say the least. Price has retraced all the way back and is testing that lower valid trend line, and pull back up…
AUD INDEX WEEKLY ANALYSIS
Short Term Primary Cycle Fridays strong move up and the break of the upper valid trend line likely suggests the primary cycle has completed a low and has turned up entering the accumulation (beginning) phase of the cycle. Long Term Major Cycle This new information does not change the analysis of the Major cycle in…
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Below is a sample post available here on the public blog. Ordinarily, this type of post will only be accessible through subscription to the members area, but is published here for your perusal. Please note that this is an information site only, purely for commentary of cycle action within world Indices. We do not and will…
AUD INDEX WEEKLY ANALYSIS
SHORT TERM PRIMARY CYCLE Price is currently coming to the end of a primary cycle. In the diagram price action is currently forming a classic flag pattern. It is likely that the primary cycle is now turning UP, although this is not confirmed. If price breaks the green (Upper) trend line, this will confirm the…