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Technical Analysis Daily: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Mar 16, 2015 8:00:00 PM

March 17, 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 EURCHF AUDNZD US Dollar fell vs. the Euro and other major currencies. The reason being bandied about is that the pace of recent appreciation might affect the FED's policy making decisions, but, the real reason might just be a bit of position squaring before the aforementioned CB's release of their recent meeting's minutes.
Equity DAX 30 Hang Seng European indices were higher, paced by German stocks, as investors continue to anticipate QE to be equity positive.
Commodity Natural Gas Gold Supply out-pacing demand, especially as winter requirements subside, continues to be the story as crude oil looks set to resume its slide.
  • 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 031715

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

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DOLLAR 031715

Topics: Pivot Points, Asian session

 

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