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Weekly Market Snapshot - February 27, 2016: Forex, Equities, Commodities

Posted by Akhilesh Ganti on Feb 27, 2016 7:32:04 PM

February 27, 2016 - (Weekly) FX Strength, Pivot points, Support, Resistance & Fibonacci retracement levels for Currency pairs, Dollar Index, Global Stock Indices & Commodities offered by WorldWideMarkets and a Chart of Interest. [US Crude Oil (WTI), EURUSD{updated end of week}

  • Currency Performance - Weekly(Strongest to Weakest)FX_Strength_022716.png
Market Best Performer Worst Performer
Forex CADJPY EURCAD
Equity Japan India
Commodity Heating Oil Silver
  • 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)FOREX_022716_w.png
  • Chart(s) of Interest - Weekly [US Crude Oil (WTI), EURUSD](click to enlarge)
    1. US Crude Oil (WTI)Chart_CrudeOil_W_022716.png
    2. EURUSDChart_EURUSD_W_022716.png
  • Global Stock Indices, Commodities & USD -vs- Majors - Weekly(click to enlarge)DOLLAR_022716_w.png

Topics: Pivot Points, Asian session, Weekly

 

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