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    Technical Analysis Weekly: Forex, Equities, Commodities


    March 14, 2015 (Weekly)Pivot points, Support & Resistance levels for Equity Indices, Commodities, Dollar Index and currency pairs offered by WorldWideMarkets and USD, Equity Indices & Commodity weekly performance chart. {updated at 00:00:00 UTC}

    Market Best Performer Worst Performer Comments
    Forex USDCHF EURUSD The Euro resumed its journey to parity as it breached 1.05. Thursday's rebound proved to be what many thought it was, a much needed correction, but the fact that it was so short lived gives one an idea of the pressure that is being brought to bear on the common currency.
    Equity DAX 30 Nifty 50 The drop in EZ yields was a boon for German stocks as they outperformed the rest of the major global equity indices. Indian stocks fell after a report showed that inflation was higher than forecast. The decline still looks corrective in nature after the recent run up, but, if this trend continues, investors will start to question the wisdom of the last rate cut .
    Commodity Gold US Crude Oil (WTI) Gold was lower but US Crude oil was the weeks' worst performing commodity. Global economic growth concerns, supply outpacing demand, and the strength of the US Dollar conspired to send crude oil lower yet again.
      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 week. If the market in the following week trades above the pivot point it is thought to be exhibiting bullish sentiment, whereas trading below the pivot point is seen as bearish.

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    FOREX 031415 w

    • Equity Indices, Commodities & USD -vs- Majors Weekly performance

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    DOLLAR 031415 w

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