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Technical Analysis Daily: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Mar 23, 2015 8:00:00 PM

March 24, 2015 (Daily)Pivot points & Fibonacci 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 AUDUSD USDCHF The long awaited US Dollar correction, aided by Yellen's dovish view of the economy, is well under way as longs look to unwind positions. Antipodean currencies were the major beneficiaries but the Euro rebounded as well and looks set to test 1.10.
Equity Nikkei 225 DAX 30 Japanese stocks rose as traders mirrored Friday's gains in US equities. German stocks led a decline in European indices on simmering Greek concerns.
Commodity US Crude Oil (WTI) Gold Crude oil prices received a boost from the dollar's decline.
  • Pivot Points & Fibonacci Retracement levels. 
    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. The Fibonacci retracement is the potential retracement of a financial instrument's original move in price.

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Forex levels

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

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DOLLAR 032415

Topics: Pivot Points, Asian session

 

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