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Technical Analysis Monthly: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Jul 1, 2015 4:15:00 PM

July 01, 2015 (Monthly)Pivot points, Support & Resistance levels, Fibonacci Reversal levels, Chart of Interest, Dollar Index, Equity Indices & Commodity weekly performance chart by WorldWideMarkets.{updated end of month}

  • Monthly Currency Performance - (Strongest to Weakest)

    1 2 3 4 5 6 7 8
    GBP EUR JPY AUD CHF USD CAD NZD
Market Best Performer Worst Performer Comments
Forex AUDNZD NZDJPY The Great British Pound was the best performing major for the month of June while the New Zealand dollar was the weakest. Signs that the UK economy was growing faster than forecast coupled with uncertainty emanating from the ongoing Greek saga gave cable a bid. The spate of weaker than expected economic data dampened business sentiment and stoked speculation that the RBNZ will have to cut interest rates more than had been anticipated by the market. The ongoing Greek tragicomedy reinforced the Yen's status as a "safe haven" currency which might not be to the BOJ's liking.
Equity Nikkei 225 FTSE 100 Most major stock indices ended June lower with the Nikkei being the "best" performer. British indices took it on the chin as the market appears to be discounting the BOE embarking on a tightening policy.
Commodity Natural Gas Silver Natural Gas surged as fears of oversupply evaporated.
  • 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 June2015
  • Equity Indices, Commodities & USD -vs- Majors Monthly performance (click to enlarge)

DOLLAR June2015

Topics: Pivot Points, Asian session, Monthly

 

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