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Technical Analysis Daily: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Mar 9, 2015 8:02:00 PM

March 10, 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 GBPJPY EURGBP The US Dollar Index was marginally lower as a bit of profit taking kicked in after the recent impressive gains. Euro and Yen weakened vs. the British Pound. 
Equity DAX 30 Nifty 50 German stocks were higher again as investors anticipate that QE will be a boon for equities. Indian stocks fell, a move that looks corrective in nature after the recent run up.
Commodity US Crude Oil (WTI) Natural Gas A rumored report of a slowdown in supply led to a modest rise in crude prices while natural gas fell on over supply concerns.
    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 031015

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

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DOLLAR 031015

Topics: Pivot Points, Asian session


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