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Technical Analysis Daily: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Mar 11, 2015 8:00:00 PM

March 12, 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 EURUSD Euro fell below 1.06 and threatened to take out 1.05 as well before stabilizing a bit as Euro-zone yields continue their free-fall. Kiwi rallied sharply after the RBNZ left rates on hold (expected) but did not sound as dovish as traders were anticipating (unexpected).
Equity DAX 30 China H Share The drop in EZ yields was a boon for German stocks as they outperformed the rest of the major global equity indices.
Commodity Natural Gas Silver Forecasts for colder weather in northeast US gave natural gas prices a boost.
  • 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 031215

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

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DOLLAR 031215

Topics: Pivot Points, Asian session

 

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