Stock Market Indices and Forex Daily Spread Betting Analysis: Analysis for US Indices, Euro/Dollar, NASDAQ for 16 September 2011

16 Sep 2011 Stock Market Indices and Forex Daily Spread Betting Analysis: Analysis for US Indices, Euro/Dollar, NASDAQ

Indices Technical Analysis
	Dow Jones Index
	S&P 500 Index
	Nasdaq Index
Forex Technical Analysis
	Euro / Dollar
	Dollar / Yen
	Sterling / Dollar
	Dollar / Swiss Franc
Commodities Technical Analysis
	Commodities Analysis

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 - 16 September 2011

Indices Technical Analysis

Dow Jones Index Technical Analysis

DJI closed higher on Thursday as it extends the rebound off Monday's low. This morning's consumer price index came in at 0.4% for August, which was higher than expected. First time claims for unemployment benefits rose by 11,000 to 428,000 in the week ending September 10. Today's high-range close sets the stage for a steady-to-higher opening on Friday.

S&P 500 Index Technical Analysis

SPI closed higher on Thursday as it extends the short covering rally off August's uptrend line. The high-range close sets the stage for a steady-to-higher opening when Friday's night session begins trading. Stochastics and the RSI are turning neutral-to-bullish signalling that sideways-to-higher prices are possible near-term.

Nasdaq Index Technical Analysis

NDI closed higher on Thursday and the high-range close sets the stage for a steady-to-higher opening when Friday's night session begins trading. Stochastics and the RSI are diverging but have turned bullish again signalling that sideways-to-higher prices are possible near-term.

For another view also see Indices Trading News
For more information on speculating on indices see Indices Spread Trading

Forex Technical Analysis

Euro / Dollar Technical Analysis

EUR/USD closed higher due to short covering on Thursday as it consolidated some of the decline off August's low. The high-range close sets the stage for a steady-to-higher opening on Friday. Stochastics and the RSI are turning bullish signaling that sideways-to-higher prices are possible near-term. Closes above the 20-day moving average crossing would confirm that a short-term low has been posted. If it renews the aforementioned decline, the 62% retracement level of the 2010-2011-rally crossing is the next downside target.

Dollar / Yen Technical Analysis

USD/JPY closed slightly lower on Thursday and the low-range close sets the stage for a steady-to-lower opening on Friday. Stochastics and the RSI are bearish signalling that sideways-to-lower prices are possible near-term. Closes below August's low crossing are needed to renew this year's decline. If it renews the rally off August's low, the 25% retracement level of the April-August decline crossing is the next upside target.

Sterling / Dollar Technical Analysis

GBP/USD closed higher due to short covering on Thursday as it rebounds off the 50% retracement level of the 2010-2011-rally crossing. The mid-range close sets the stage for a steady opening on Friday. Stochastics and the RSI are oversold but remain neutral-to-bearish signalling that sideways-to-lower prices are possible near-term. If it extends the aforementioned decline, the 62% retracement level of the 2010-2011-rally crossing is the next downside target. Closes above the 20-day moving average crossing would confirm that a short-term low has been posted.

Dollar / Swiss Franc Technical Analysis

USD/CHF closed lower on Thursday as it consolidates some of the rally off August's low. The low-range close sets the stage for a steady-to-lower opening on Friday. Stochastics and the RSI are turning neutral-to-bearish hinting that a short-term high might be in or is near. Closes below the 20-day moving average crossing are needed to confirm that a short-term high has been posted. If it extends the rally off August's low, the 62% retracement level of the 2010-2011-decline crossing is the next upside target.

For another view also see Forex Trading News
For more information on speculating on forex see Forex Spread Trading

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.

'16 Sep 2011 Stock Market Indices and Forex Daily Spread Betting Analysis: Analysis for US Indices, Euro/Dollar, NASDAQ' edited by PipTrade, updated 16-Sep-11

Related Articles:

Stock Market Technical Analysis, updated 20-Jun-13
Daily stock market technical analysis with market direction, support/resistance levels, RSI, MAs etc. Each stock market analyst gives their opinion on the technicals and...read article: Stock Market Technical Analysis.

Forex Technical Analysis, updated 20-Jun-13
Daily forex technical analysis with market direction & support/resistance levels for EURUSD, GBPUSD & USDJPY. The forex analysis reviews the MAs, technical pivot points, stochastics, RSI and...read article: Forex Technical Analysis.

Commodities Technical Analysis, updated 20-Jun-13
Daily commodities technical analysis reviewing support/resistance levels and market direction for crude oil, gold and other commodity markets. Each technical analyst gives their view on...read article: Commodities Technical Analysis.

Technical Analysis for the Financial Markets, updated 19-Jun-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.

Guide to Economic Indicators, updated 14-Jun-13
A guide to economic indicators and how they can impact the markets and therefore your trading. Here we look at CPI, GDP, PMI, retail sales, durable goods, Philly Fed and...read article: Guide to Economic Indicators.

Stocks and Shares Technical Analysis for the S+P 500's the Relative Strength Index and Short- and Long-Term Trends, updated 18-Jun-13
Technical market analysis with viewpoints on the main stock markets, forex and commodity markets like the S+P 500, Copper futures and EURUSD. Here we review trading ranges, RSI and technical signals. There are further daily...read article: Stocks and Shares Technical Analysis for the S+P 500's the Relative Strength Index and Short- and Long-Term Trends.

Quick Currency Market Analysis on Sterling-Dollar Which Covers Both Closing Prices and Ranges, updated 17-Jun-13
Analysis reviewing a variety of the most popular FX markets, commodity futures and stock markets including Sterling-Dollar, Gold futures and the Wall Street Index. In this section, analysts take a look at trends, the possible market direction and pivot points, there are extra...read article: Quick Currency Market Analysis on Sterling-Dollar Which Covers Both Closing Prices and Ranges.

Forex Technical Analysis: Report on Euro-Sterling Which Includes Fibonacci Retracement and Closing Prices, updated 14-Jun-13
Daily market analysis discussing a range of the most traded currencies, stock indices and commodity markets such as Euro-Sterling, Gas and the UK 100. Analysts consider ranges, the relative strength index and pivot points, with...read article: Forex Technical Analysis: Report on Euro-Sterling Which Includes Fibonacci Retracement and Closing Prices.

FX Technical Analysis - Snapshot of Dollar/Yen Including Closing Prices and Market Crossings, updated 13-Jun-13
Market analysis discussing a range of the most traded forex markets, commodity markets and stock market indices e.g. Dollar/Yen, the Dow Jones and Gold. Analysts consider market crossings, pivots and support & resistance. There's more daily...read article: FX Technical Analysis - Snapshot of Dollar/Yen Including Closing Prices and Market Crossings.

Technical Analysis Update on Crude Oil Covering Stochastics and Market Trends, updated 12-Jun-13
Financial analysis with opinions on commodity markets, stock market indices and forex that include Crude Oil, the FTSE and Dollar-Yen. The financial analysis considers trading options, the possible market direction and the relative strength index. There are also...read article: Technical Analysis Update on Crude Oil Covering Stochastics and Market Trends.

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! All Free - Click here!

Risk Warning: CFD trading and spread trading carry a high level of risk to your capital and you may lose more than your initial investment. CFD trading and spread trading may not be suitable for all investors. 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 on CleanFinancial.com are for information purposes only and are not intended as a recommendation to trade. Nothing on this website should be construed as investment advice.

Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.

* Tax law is subject to change or may differ if you pay tax in a jurisdiction other than the UK.

1) Daily Trading Tips

2) Financial Tips