Indices Insider Australia and Asia: More sideways action in Asia, but it may not last very long.

By Chris Tedder

Price action in Asia has, yet again, been broadly sideways over the last week, but most markets have at least managed to push into the green, albeit only just. The ASX 200 and Hang Sang are up around 1.77% and 2.28% for the week, respectively. Whereas, the Nikkei has been hit harder by renewed concerns about the European crisis, poor earnings and a strong yen, and has fallen around 2.48% in the last 5 trading days, which means it is now one of the worst performing markets in Asia this year.

Last week global equity markets were being led forward by a slew of positive earnings reports out of the US, but without this investors are finding a reason to rally is eluding them. This sentiment is hitting the Nikkei 225 hard as Japanese exporters struggle with a strong yen and recent earnings weigh on stock prices. Japan is also struggling under the weight of an ageing economy and weak levels of global demand, thus the market is underperforming most of its counterparts in Asia. Continue reading "Indices Insider Australia and Asia: More sideways action in Asia, but it may not last very long."

A basic guide to choosing technical indicators

Today's Guest Blog post comes courtesy of Kathleen Brooks who is a UK and EMEA research director at based in London. She uses both fundamental and technical methods in her analysis. She provides daily research and market updates as well as a weekly webinar on market themes. She is a regular contributor to Yahoo Finance, Reuters Great Debate Blog as well as a host of other international publications. She is often quoted in the global financial press and is a regular contributor on business TV including CNBC, CNBC Arabia, the BBC and Bloomberg. She started her career in finance at BP where she worked first as a business analyst in its trading division and then as a trading analyst in its foreign exchange dealing room. Click here to find out more about


Navigating your way through the forex market is a bit like trying to find your way out of a deep, dark cave with only a flicker of a match. To get out of the cave you need a torch, and luckily for the retail trader there are figurative torches in the foreign exchange markets too.

One such beacon is technical analysis, which can make life a lot easier. Moving averages, relative strength indicators, Bollinger Bands, Fibonacci retracements, MACD's and Ichimoku Cloud charts are just some of the technical indicators that are widely used in the forex markets as buy and sell signals.

The Simple Moving Average Continue reading "A basic guide to choosing technical indicators"