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Technical Analysis Daily: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Jul 16, 2014 8:00:00 PM

July 17, 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  USDCHF EURCAD  FED Chair Yellen ignited speculation about tighter monetary policy which drove the US Dollar higher. EUR continued its descent while the CAD rallied as BOC stayed neutral on rates.
Equity  NIFTY 50 CHINA H Shares Indian stocks rose after the central bank (RBI) enacted measures that allowed banks to boost funding. Chinese stocks declined on concerns that IPO's will divert funds from exisiting shares.
Commodity US OIL (WTI) HEATING OIL US Crude Oil (WTI) rose on lower than expected inventory data.  
    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 071714

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

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DOLLAR 071714


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