In that context of that formation on the charts, the visuals are becoming clear predominantly of how the US economy is performing, thus indicating that there economy is realistically on the mend, that interpretation could spell the bubble on the AUD, meaning CPI % could tapet of from here, not good sign for the GOLD bugs and inflation declining momentarily in AUS,
That environment is favourable depending how you roll the dice, but the indicators are pointing to a plateau in AUD economy, not surprised entirely, the USD had to eventually gain the ascendancy from its platform of instability, and admittedly the wheel of fortune is favoring the USD, this will also impose a threat to the precious metals on cyclical movements.
I can see where the smart money is moving, not politically correct but hail to the EMPEROR america, USD is becoming a fashion accessory again.. Ahh. Cycles you gotta love it..
dow vs us dollar index, page-4
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Last
$5.75 |
Change
-0.060(1.03%) |
Mkt cap ! $3.626B |
Open | High | Low | Value | Volume |
$5.81 | $5.82 | $5.75 | $4.730M | 820.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 14315 | $5.75 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.77 | 2637 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11207 | 7.790 |
9 | 88463 | 7.780 |
14 | 155873 | 7.770 |
4 | 46490 | 7.760 |
4 | 41979 | 7.750 |
Price($) | Vol. | No. |
---|---|---|
7.810 | 15057 | 2 |
7.820 | 86140 | 8 |
7.830 | 173913 | 17 |
7.840 | 107016 | 11 |
7.850 | 23268 | 5 |
Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
DOW (ASX) Chart |