WorldWideMarkets Community

Forex Trading, Market News & Technical Analysis

Technical Analysis Weekly: Forex, Gold, SP500, Silver, Crude Oil, US Dollar

Posted by Akhilesh Ganti on Nov 2, 2013 3:15:00 PM

November 02, 2013 (Weekly) - Pivot points, Support & Resistance levels for Gold, SP500, Silver, US Crude Oil and forex pairs offered by WWM and USD & Commodity weekly performance chart.

  • PIVOT POINTS - Weekly
    A technical analysis indicator used to try and determine the short-term trend of the market. The pivot point is the average of the high, low and closing prices from the previous trading period. If the market in the following period trades above the pivot point it is thought to be exhibiting bullish sentiment, whereas trading below the pivot point is seen as bearish.

(click to enlarge)
PP 110213 w

  • Commodity, SP500 & US Dollar Weekly performance

(click to enlarge)
USD 110213 w

 

Tools & Educational Resources

Forex 101LEARN MORE >>
Learn the basics of Forex and how to practice trading the markets.

GlossaryLEARN MORE >>
Confused by the language? Click here and search for key trading terms.

FAQ CenterLEARN MORE >>
Browse our frequently asked questions and find your answers right away.

VideosLEARN MORE >>
Access to the educational lessons, webinars and platform walkthroughs.

READY TO TRY THE MARKETS?

Get started with a FREE $10,000 Demo Account and experience the Forex Market RISK FREE!