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Weekly Market Snapshot - May 21, 2016: Forex, Equities, Commodities

Posted by Akhilesh Ganti on May 20, 2016 9:57:49 PM

May 21, 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, GBPJPY{updated end of week}

  • Performance
Market Best - Last Week Worst - Last Week Best - Last 2 Weeks Worst - Last 2 Weeks
Equity Japan India Japan China
Commodity Heating Oil Silver 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_052116_w.png
  • Chart(s) of Interest - Weekly [US Crude Oil (WTI), EURUSD, USDJPY, GBPJPY](click to enlarge)[EUR down ahead of G7; BREMAIN vs BREXIT; FOMC hints at June hike; Oil up on supply outages]
    1. US Crude Oil (WTI)Chart_CrudeOil_W_052116.png
    2. EURUSDChart_EURUSD_W_052116.png
    3. USDJPYChart_USDJPY_W_052116.png
    4. GBPJPYChart_GBPJPY_W_052116.png
  • Global Stock Indices, Commodities & USD -vs- Majors - Weekly(click to enlarge)DOLLAR_052116_w.png

Topics: Pivot Points, Asian session, Weekly


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