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Technical Analysis Daily: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Jul 28, 2014 5:15:00 PM

July 29, 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.

Market Best Performer Worst Performer Comments
Forex  CADJPY USDCAD  Traders pared their exposure to the US Dollar ahead of Advance Q2 GDP and FOMC event risk. 
Equity  NIKKEI 225 DAX 30 Japanese stocks hit a 6-month high on good earnings reports from leading companies. German stocks led a decline in European stocks as concerns over Russia/Ukraine & Middle East intensified.
Commodity GOLD HEATING OIL Gold recovered from early losses to end marginally lower as risk aversion rose
  • 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.

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FOREX 072914

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

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DOLLAR 072914

 

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