WorldWideMarkets Community

Forex Trading, Market News & Technical Analysis

Technical Analysis Daily: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Mar 4, 2015 7:00:00 PM

March 05, 2015 (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 CADJPY EURCAD The US Dollar surged after the ADP report showed that private-sector job growth beat expectations. This, coupled with the looming ECB QE launch, sent the Euro tumbling to its' lowest level since 2003. The Canadian dollar benefited after the BOC, mirroring its' "com-dol" brethren RBA,left rates unchanged.
Equity DAX 30 China H Share The impending launch of QE gave German stocks a boost while mounting economic concerns continue to impinge Chinese stocks.
Commodity Natural Gas Heating Oil News that a deal had NOT been reached with regard to Iran's nuclear program and a lower than expected inventory buildup in the US gave crude oil a bid.
    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 030515

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

(click to enlarge)

DOLLAR 030515

Topics: Pivot Points, Asian session


Tools & Educational Resources

Forex 101LEARN MORE >>
Learn the basics of Forex and how to practice trading the markets.

GlossaryLEARN MORE >>
Confused by the language? Click here and search for key trading terms.

Browse our frequently asked questions and find your answers right away.

Access to the educational lessons, webinars and platform walkthroughs.


Get started with a FREE $10,000 Demo Account and experience the Forex Market RISK FREE!