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Technical Analysis Daily: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Sep 17, 2014 8:00:00 PM

September 18, 2014 (Daily)Pivot points, Support & Resistance levels for Equity Indices, Commodities, Dollar Index and currency pairs offered by WorldWideMarkets and USD, Equity Indices & Commodity daily performance chart. {updated at 00:00:00 UTC}

Market Best Performer Worst Performer Comments
Forex GBPJPY   AUDUSD  US Dollar surged after the FOMC raised their 2015 forecast for the target rate on overnight loans to 1.375% from 1.125%. Yen weakness, which is fast becoming the dominant theme in FX markets, continued as US yields rose. AUD fell on concerns about Chinese growth prospects.   
Equity  China H Shares  ASX 200 Optimism about Alibaba's (BABA) IPO helped to fuel Chinese stocks while the Australian stock market closed lower for the sixth straight session.
Commodity  Natural Gas  Gold Forecasts for cooler temperatures raised expectations for heating demand and led to a rise in natural gas. Gold & Silver fell on fears of rate hikes becoming a reality a bit faster than had been predicted.
  • 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 091814

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

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DOLLAR 091814

Topics: Pivot Points, Asian session

 

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