XCL australian commonwealth government loans

Overseas Weekly Futures Chart Analysis .. .. It is good to see...

  1. 19,112 Posts.
    lightbulb Created with Sketch. 3682
    Overseas Weekly Futures Chart Analysis
    ..
    ..
    It is good to see the overseas charts all trading on their own merits (unlike the local market which mostly have a generic or similar look).
    The US Dollar remains the most important, and its movement affects many other charts. It has recently been consolidating its breakout, and now appears like this will be successful.
    The continuing strength in US equities has dulled the performance in the bond market recently. At some point equities will draw out some increased supply (check the chart below), and the bond market may then advance positively in response.
    After looking a bit uncertain the week prior, Copper Price futures look poised to move higher after this weeks trading.
    Gold Price futures find themselves at an equilibrium level, and Light Crude (finally) saw some demand drawn out.
    I feel like the Aussie Dollar would like to be more positive, but finds itself just below expected resistance, which makes it more difficult.
    And Bitcoin is also grinding slowly up to expected overhead resistance.
    ..
    ..
    250420 DX.png 250420 ES.png .. 250420 TY.png .. 250420 HG.png .. 250420 GC.png .. 250420 CL.png .. 250420 AD.png .. 250420 BTC.png z101.png
 
watchlist Created with Sketch. Add XCL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.