FX Daily Spread Trading Analysis Reviewing Dow Jones, GBP/USD, US Stock Markets
|
|
 |
|
|
|
Daily Technical Analysis report discussing Support and Resistance Levels and Indicators such as Stochastics and the RSI for major FX markets, the Dow Jones, S&P 500 and NASDAQ.
Supplied and sponsored by PipTrade.
Today’s Technical Analysis:
|
|
Technical Analysis - 1 December 2011
|
Indices Technical Analysis
 Dow Jones Index Technical Analysis
DJI closed sharply higher on Wednesday after global central banks announced a coordinated plan to support the global financial system. The high-range close sets the stage for a steady-to-higher opening on Thursday. Stochastics and the RSI have turned bullish signalling that sideways-to-higher prices are possible near-term.
 S&P 500 Index Technical Analysis
SPI closed sharply higher on Wednesday and the high-range close sets the stage for a steady-to-higher opening when Thursday's night session begins trading. Stochastics and the RSI have turned bullish signalling that sideways-to-higher prices are possible near-term.
 Nasdaq Index Technical Analysis
NDI closed sharply higher on Wednesday and the high-range close sets the stage for a steady-to-higher opening when Thursday's night session begins trading. Stochastics and the RSI have turned bullish signalling that a short-term low might be in or is near.
Forex Technical Analysis
 Euro / Dollar Technical Analysis
EUR/USD closed higher due to short covering on Wednesday as it consolidates some of the decline off October's high. The mid-range close sets the stage for a steady-to-higher opening on Thursday. Stochastics and the RSI are turning neutral-to-bullish hinting that a low might be in or is near. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If it renews the decline off October's high, October's low crossing is the next downside target.
 Dollar / Yen Technical Analysis
USD/JPY closed lower due to short covering on Wednesday as it consolidated some of the rally off last week's low. The low-range close sets the stage for a steady-to-lower opening on Thursday. Stochastics and the RSI remain bullish signalling that sideways-to-higher prices are possible near-term. If it extends the rally off last week's low, October's high crossing is the next upside target. Close below the reaction low crossing would renew the decline off October's high.
 Sterling / Dollar Technical Analysis
GBP/USD closed higher on Wednesday as it extended this week's rally off last Friday's low. The high-range close sets the stage for a steady-to-higher opening on Thursday. Stochastics and the RSI are turning bullish hinting that a low might be in or is near. Closes above the 20-day moving average crossing are needed to confirm that a short-term low has been posted. If it renews the decline off October's high, the reaction low crossing is the next downside target.
 Dollar / Swiss Franc Technical Analysis
USD/CHF closed lower on Wednesday as it extended this week's short covering rebound off last Friday's high. The mid-range close sets the stage for a steady opening on Thursday. Stochastics and the RSI are turning bearish signalling that sideways-to-lower prices are possible near-term. Closes below the 20-day moving average crossing are needed to confirm that a high has been posted. If it renews the rally off October's low, weekly support crossing is the next upside target.
Spread Trading and CFDs carry a high level of risk and you may lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
The contents of this report are for information purposes only.
It is not intended as a recommendation to trade.
Neither CleanFinancial.com nor PipTrade accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.
Financial Spreads » "With FinancialSpreads.com you get all the advantages of
Spread Betting as well as commission free CFD Trading on 2,500+ markets, 24 hour trading, professional level charts and..." read
Financial Spreads review.
|
Spread Trading and CFDs carry a high level of risk and you may lose more than your initial investment. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.
Article approved/supplied by PipTrade which is a trading name Henyep Capital Markets (UK) Limited which is authorised and regulated by the Financial Services Authority. Register No: 186171.
'FX Daily Spread Trading Analysis Reviewing Dow Jones, GBP/USD, US Stock Markets' edited by PipTrade, updated 01-Dec-11
Related Articles:
Stock Market Technical Analysis, updated 17-May-13
New technical analysis on the most popular stock market indices as well as individual shares. The market analysts give their opinion on the stock market technicals, where the market is heading and...read article: Stock Market Technical Analysis.
Forex Technical Analysis, updated 17-May-13
Updated technical analysis with market direction & support/resistance levels for EUR/USD, GBP/USD & USD/JPY. Plus forex market MAs, pivot points, stochastics, RSI and...read article: Forex Technical Analysis.
Commodities Technical Analysis, updated 17-May-13
The latest analysis of the support/resistance levels and market direction for crude oil, gold and other commodity markets. Each analyst interprets the technical levels and gives their view on...read article: Commodities Technical Analysis.
Technical Analysis for the Financial Markets, updated 16-May-13
Technical analysis reports on the UK & US stock markets plus the big forex and commodity markets. The market analysts cover short- & long-term trends, support/resistance levels, RSI, retracements and...read article: Technical Analysis for the Financial Markets.
Forex and Stock Market Index Daily Analysis: Technical Review for Dow Jones, Nasdaq, US Stock Markets, updated 17-Apr-13
Forex and Indices Analysis - Forex and Stock Market Index Daily Analysis: Technical Review for Dow Jones, Nasdaq, US Stock Markets and...read article: Forex and Stock Market Index Daily Analysis: Technical Review for Dow Jones, Nasdaq, US Stock Markets.
Stock Index and Currency Daily Spread Trading Technical Analysis on Euro/Dollar, S+P 500, US Stock Markets, updated 16-Apr-13
Technical Market Analysis - Stock Index and Currency Daily Spread Trading Technical Analysis on Euro/Dollar, S+P 500, US Stock Markets and...read article: Stock Index and Currency Daily Spread Trading Technical Analysis on Euro/Dollar, S+P 500, US Stock Markets.
Forex and Stock Market Indices Trading Market Analysis on Euro/Dollar, GBP/USD, US Indices, updated 15-Apr-13
Index and Forex Analysis - Forex and Stock Market Indices Trading Market Analysis on Euro/Dollar, GBP/USD, US Indices and...read article: Forex and Stock Market Indices Trading Market Analysis on Euro/Dollar, GBP/USD, US Indices.
Forex and Stock Market Spread Betting Market Analysis: Analysis for American Stock Markets, Dow Jones, S+P 500, updated 12-Apr-13
Daily Indices and Currencies Analysis - Forex and Stock Market Spread Betting Market Analysis: Analysis for American Stock Markets, Dow Jones, S+P 500 and...read article: Forex and Stock Market Spread Betting Market Analysis: Analysis for American Stock Markets, Dow Jones, S+P 500.
Stock Market Indices and Currency Financial Spread Betting Analysis for Dow Jones, S+P 500, American Stock Markets, updated 11-Apr-13
Stock Market and Forex Analysis - Stock Market Indices and Currency Financial Spread Betting Analysis for Dow Jones, S+P 500, American Stock Markets and...read article: Stock Market Indices and Currency Financial Spread Betting Analysis for Dow Jones, S+P 500, American Stock Markets.
FX and Stock Market Market Analysis: Technical Review for Currencies, Dow Jones, NASDAQ, updated 10-Apr-13
FX and Stock Market Analysis - FX and Stock Market Market Analysis: Technical Review for Currencies, Dow Jones, NASDAQ and...read article: FX and Stock Market Market Analysis: Technical Review for Currencies, Dow Jones, NASDAQ.
First Page << 1 2 3 4 5 6 7 8 9 10 11 12 >> Last Page
Technical Analysis Index - an Index of Daily Technical Analysis articles covering Trends, Supports and Resistance Levels for some of the major Forex markets as well as US Stock Market Indices like the Dow, NASDAQ 100 and S&P 500.
|
|
Q) Average Trading Results?
A) Get free trading tips, offers, price updates, important news and more!
|
|
