WorldWideMarkets Community

Forex Trading, Market News & Technical Analysis

Weekly Market Snapshot - August 19, 2016: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Aug 19, 2016 5:57:51 PM

August 19, 2016 - (Weekly) FX Strength, Pivot points, Support, Resistance & Fibonacci retracement levels for Currency pairs, Dollar Index, Global Stock Indices & Commodities offered by WorldWideMarkets and Chart(s) of Interest. [US Crude Oil (WTI), EURUSD, USDJPY{updated end of week}

  • Performance
FX Weekly Performance (Strongest to Weakest)
Strongest Weakest
CHF EUR GBP JPY NZD CAD USD AUD
Market Best - Last Week Worst - Last Week Best - Last 2 Weeks Worst - Last 2 Weeks
Forex EURAUD USDCHF EURUSD USDCAD
Equity Hong Kong European Union China India
Commodity US Crude Oil (WTI) Silver US Crude Oil (WTI) Natural Gas
  • Pivot Points & Fibonacci Retracement Levels - Weekly
    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)
  • Chart(s) of Interest - Weekly [US Crude Oil (WTI), EURUSD, USDJPY](click to enlarge)
    1. US Crude Oil (WTI)
    2. EURUSD
    3. USDJPY
  • Global Stock Indices, Commodities & USD -vs- Majors - Weekly(click to enlarge)

Topics: Pivot Points, Asian session, Weekly

 

Tools & Educational Resources

Forex 101LEARN MORE >>
Learn the basics of Forex and how to practice trading the markets.

GlossaryLEARN MORE >>
Confused by the language? Click here and search for key trading terms.

FAQ CenterLEARN MORE >>
Browse our frequently asked questions and find your answers right away.

VideosLEARN MORE >>
Access to the educational lessons, webinars and platform walkthroughs.

READY TO TRY THE MARKETS?

Get started with a FREE $10,000 Demo Account and experience the Forex Market RISK FREE!