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Technical Analysis Daily: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Jul 15, 2014 8:00:00 PM

July 16, 2014 (Daily)Pivot points, Support & Resistance levels for Equity Indices, Commodities, Dollar Index and Forex pairs offered by WorldWideMarkets and USD, Equity Indices & Commodity daily performance chart. (updated at 00:00 UTC)

Market Best Performer Worst Performer Comments
Forex  GBPCHF NZDUSD  GBP surges on higher than expected CPI data as it looks poised to resume its uptrend and rekindles rate hike expectations. Lower international milk prices and weaker than expected inflation figures has NZD on the defensive. 
Equity  NIFTY 50 EU STOXX 50 Indian stocks higher as weaker inflation data spurs speculation of easier monetary policy. Gloomy revenue outlook from software sector depresses European stocks 
Commodity HEATING OIL NATURAL GAS  Natural Gas lower on declining demand and improved storage levels 
    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.

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FOREX 071614

  • Equity Indices, Commodities & USD -vs- Majors Daily performance

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DOLLAR 071614


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