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Weekly Market Snapshot - May 28, 2016: Forex, Equities, Commodities

Posted by Akhilesh Ganti on May 27, 2016 8:00:00 PM

May 28, 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 Dollar Index, EURUSD, AUDUSD, USDJPY{updated end of week}

  • Performance
Market Best - Last Week Worst - Last Week Best - Last 2 Weeks Worst - Last 2 Weeks
Equity India China India China
Commodity Natural Gas Gold US Crude Oil(WTI) 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_052816_w.png
  • Chart(s) of Interest - Weekly [US Dollar Index, EURUSD, AUDUSD, USDJPY](click to enlarge)[USD bid on impending FOMC hikes though BREXIT could delay timing; Oil eyes key level @ 50.9]
    1. US Dollar IndexChart_DXY_W_052816.png
    2. US Crude Oil (WTI)Chart_CrudeOil_W_052816.png
    3. EURUSDChart_EURUSD_W_052816.png
    4. AUDUSDChart_AUDUSD_W_052816.png
    5. USDJPYChart_USDJPY_W_052816.png
  • Global Stock Indices, Commodities & USD -vs- Majors - Weekly(click to enlarge)DOLLAR_052816_w.png

Topics: Pivot Points, Asian session, Weekly


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