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Technical Analysis Daily: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Apr 1, 2015 8:00:00 PM

April 02, 2015 (Daily)Pivot points, Support & Resistance levels & Fibonacci Reversal 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 EURAUD AUDCAD Better than expected economic data from the Eurozone and weaker than expected US data saw the Euro strengthen as the Dollar weakened. Aussie was lower as well on expectations of rates being cut again at the next RBA meeting.
Equity China H Share DOW 30 Chinese stocks continue to receive a bid as the market prices in further monetary stimulus while US indices fell on worries that the economy might be losing momentum even as the FED is poised to begin tightening.
Commodity US Crude Oil (WTI) Natural Gas Crude prices surged on a decline in domestic production even though inventories continue to rise.
  • 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 040215

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

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DOLLAR 040215

Topics: Pivot Points, Asian session


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