The monopoly of the Australian Securities Exchange (ASX) now seems to be over. The opening of the Chi-X Australia exchange, which belongs to Nomura Holdings (Japan), is planned for Oct 31st.
It is said to be a “mild start”: traders and investors will get an opportunity to buy 8 stocks with 22 brokers. It is expected that in the near future the new exchange will attract other companies that trade stocks and securities.
FOREX.
According to the Department of Masterforex-V trading System, AUDUSD has just finished the 0,9386 - 1,0372 upswing (wave A/B ). The further succession of events will be connected with the 0,9386 - 1,0372 range. 0,9864 will be the next closest support if the bearish wave A breaks the bottom of the range and forms a downward FZR. In this case the price will head for the low 0,9386. Otherwise, if the top of the range is broken, the price will initiate a bullish FZR within the scope of the long-term uptrend (Monthly or higher).
