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Technical Analysis Daily: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Mar 10, 2015 8:00:00 PM

March 11, 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 USDCHF EURJPY ECB has confirmed the launch of QE but those that expected that to "cure" European malaise were quickly brought back to reality as Greek issues resurfaced with a vengeance. A rather curt rebuke by Dijsselbloem, the head of EZ Finance minsters' group, aimed at Greece led to another precipitous drop in the Euro as both 1.08 and 1.07 gave way, sending the US dollar hurtling higher and global stock markets skidding lower.
Equity DAX 30 FTSE 100  German stocks declined but were still the "best" performer of the major global equity markets while British indices were lower as energy stocks slumped.
Commodity Natural Gas US Crude Oil (WTI) Global economic growth concerns, over supply issues and the strength of the US Dollar conspired to send crude oil lower.
    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 031115

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

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DOLLAR 031115

Topics: Pivot Points, Asian session


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