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Technical Analysis Weekly: FX, Stocks, Commodities; Chart of Interest

Posted by Akhilesh Ganti on Jun 19, 2015 6:30:00 PM

June 20, 2015 (Weekly)Pivot points, Support & Resistance levels, Fibonacci Reversal levels, Chart of Interest, Dollar Index, Equity Indices & Commodity weekly performance chart by WorldWideMarkets.

  • Weekly Currency Performance - (Strongest to Weakest)

    1 2 3 4 5 6 7 8
Market Best Performer Worst Performer Comments
Forex GBPUSD NZDJPY The stream of stronger than expected economic data has the market re-pricing the odds of the BOE embarking on a tightening cycle sooner than anticipated and has given the British Pound a boost. The Kiwi, on the other hand, remains on the defensive as this week's GDP data release reinforced the notion that RBNZ will have to resume cutting rates.
Equity Nifty 50 China H Share Indian indices were propelled higher after heavy monsoon rains doused drought fears. Chinese indices recorded the worst weekly decline since 2008 as bubble worries spook investors.
Commodity Gold Heating Oil Gold continues its modest recovery after the FED allayed fears of imminent rate hikes.
  • 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 period. If the market on the following period 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 reversal of a financial instrument's original move in price.(click to enlarge)

FOREX 062015 w
  • Chart of Interest - GBP/USD Weekly(click to enlarge)

Chart gbpusd W 062015
  • Equity Indices, Commodities & USD -vs- Majors Weekly performance(click to enlarge)

DOLLAR 062015 w

Topics: Pivot Points, Asian session, Weekly


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