Friday 20th January, Australia FX Morning Update

Yesterday the Unemployment Rate came in at 5.2% when expectations were pointing to a slight nudge up. This small decrease from 5.3%, a pleasant surprise did little to influence our currency. At the time of the release of that figure the Aussie hovered around the 1.04 level against the US Dollar.  Read More…

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Analysis: MacPhersons Reward Gold Limited 2011/2012

MacPhersons Reward Gold Limited (MRP.AX) is a company based out of Australia that specialises in mineral exploration, particularly in Western Australia. The past year has not been a kind one to MacPhersons stock as the share underwent a steady decline in price until August 2011.  Read More…

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The (un)balanced Option of Investing

When investing in managed funds and superannuation many forget to look at the finer details of what investment option they are actually in or about to invest into. The spectrum varies from the conservative options to the more risky ones and the experts in funds management do not always get it right as many may have learned through their own experience.  Read More…

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Analysis: Orica Limited (ORI.AX) 2008-2011

The stock for Orica Limited (ORI.AX) has manifested several consolidation chart patterns over the past four and a half years. The following chart  highlights these movements.  Read More…

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Analysis: Rio Tinto Limited (RIO.AX) August – December 11

When a chart pattern appears within a market which is not favourable to it, the pattern will often produce the opposite desired result. A good example of this is found in Rio Tinto Limited’s (RIO.AX) price activity in late 2011, as demonstrated in the chart below.  Read More…

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