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Technical Analysis: Forex, Gold, SP500, US Oil, Silver

Posted by Akhilesh Ganti on Apr 7, 2014 8:00:00 PM

April 08, 2014 - Pivot points, Support & Resistance levels for Gold, Silver, US Crude Oil, S&P500 and forex pairs offered by WWM and USD & Commodity daily performance chart.

  • Commodity, SP500 & US Dollar Daily performance

(click to enlarge)

USD 040814

  • PIVOT POINTS
    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 day. If the market in the following day 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)

FOREX 040814
 

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