Fundamental and technical analysis of ASX200
Today we’re examining Australia’s stock index ASX200. It embraces 200 biggest companies of Australia whose total capitalization exceeds 80% of the stock market. The specifics of this local market are closely related to the specifics of the Australian economy. Today we’re going to forecast ASX200’s cost, provide its technical and fundamental analyses and examine its wave structure. We will also compare the index with other global stock indexes and determine its key levels and actual scenarios.
By the way, the official name of Australia is the Commonwealth of Australia, but the unofficial name popular with…
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