Technical Analysis 18 March 2011

Technical Analysis 18 March 2011

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 - 18 March 2011

Indices Technical Analysis

Dow Jones Index Technical Analysis

DJI posted an inside day with a higher close on Thursday as it consolidated some of the decline off February's high. The high-range close sets the stage for a steady-to-higher opening on Friday. Stochastics and the RSI remain neutral-to-bearish signalling that sideways to lower prices are possible near-term.

S&P 500 Index Technical Analysis

SPI closed higher due to short covering on Thursday as it consolidates some of this month's decline. The high-range close sets the stage for a steady-to-higher opening on Friday. Stochastics and the RSI remain neutral-to-bearish signalling that sideways to lower prices are possible near-term.

Nasdaq Index Technical Analysis

NDI closed higher due to short covering on Thursday as it consolidates some of this week's losses. The mid-range close sets the stage for a steady-to-higher opening on Friday. Stochastics and the RSI remain neutral-to-bearish signalling that sideways to lower 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 on Thursday and has renewed the rally off January's low. The high-range close sets the stage for a steady-to-higher opening on Friday. Stochastics and the RSI are bullish signalling that sideways-to-higher prices are possible near-term. If it extends the rally off January's low, November's high crossing is the next upside target. Closes below the 20-day moving average crossing are needed to confirm that a short-term top has been posted.

Dollar / Yen Technical Analysis

USD/JPY closed lower on Thursday as it extends the decline off last Friday's high. Profit taking tempered early session gains and the high-range close sets the stage for a steady-to-higher opening on Friday. Stochastics and the RSI remain bearish signalling that sideways to lower prices are possible near-term. If it extends the decline above November's low crossing, downside targets will be hard to project. Closes above last Friday's high crossing would confirm that a short-term bottom has been posted.

Sterling / Dollar Technical Analysis

GBP/USD closed higher on Thursday and the high-range close sets the stage for a steady-to-higher opening on Friday. Stochastics and the RSI remain neutral-to-bearish signalling that sideways to lower prices are possible near-term. Closes below the reaction low crossing are needed to confirm a downside breakout of a seven week trading range and would open the door for a larger-degree decline during March. Closes above the reaction high crossing would confirm that a short-term low has been posted.

Dollar / Swiss Franc Technical Analysis

USD/CHF closed lower on Thursday as it extends this winter's decline. Profit taking tempered early gains and the mid-range close sets the stage for a steady opening on Friday. Stochastics and the RSI are bearish signalling that sideways to lower prices are possible near-term. If it extends this winter's decline, downside targets will be hard to project as it declines into uncharted territory. Closes above the 20-day moving average crossing are needed to confirm that a short-term bottom has been posted.

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.

'Technical Analysis 18 March 2011' edited by PipTrade, updated 18-Mar-11

Related Articles:

Stock Market Technical Analysis, updated 19-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 19-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 19-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 18-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.

Currencies Analysis Discussing Dollar-Swiss Franc, RSI and Trading Ranges, updated 11-Jun-13
Daily technical market analysis reviewing a range of forex, commodity markets and stock indices such as Dollar-Swiss Franc, Coffee and the S&P 500 Index. Analysis includes trading signals, ranges and market direction. There is more...read article: Currencies Analysis Discussing Dollar-Swiss Franc, RSI and Trading Ranges.

Indices Market Technical Analysis Review of the Dow Using Retracement Levels and Potential Market Direction, updated 10-Jun-13
Analysis with views on indices, forex markets and commodities that include the Dow, GBP-USD and Natural Gas. The financial analysis considers closing prices, technical crossings and the potential market direction, there's further daily...read article: Indices Market Technical Analysis Review of the Dow Using Retracement Levels and Potential Market Direction.

Technical Analysis: Report on Gas Which Looks at Both MAs and Closing Prices, updated 07-Jun-13
Market analysis with viewpoints on the most traded commodities, stock markets and forex eg Gas, the FTSE and USD-JPY. Market analysts look at the possible market direction, closing prices and technical signals, plus there's further...read article: Technical Analysis: Report on Gas Which Looks at Both MAs and Closing Prices.

Forex Technical Analysis: Review of USD/CHF Which Covers Price Targets and Trading Signals, updated 06-Jun-13
Financial analysis reviewing a range of FX markets, stock markets and commodities e.g. USD/CHF, the FTSE and Copper. The technical analysis includes market direction, moving averages and target levels plus there's more...read article: Forex Technical Analysis: Review of USD/CHF Which Covers Price Targets and Trading Signals.

Currencies Technical Analysis for EUR/USD Looking at Pivots and Trading Options, updated 05-Jun-13
Daily market analysis discussing a range of currencies, indices and commodity markets that include EUR/USD, Crude Oil and the Dow. The analysts give their opinion on target prices, trends and pivots. There is more daily...read article: Currencies Technical Analysis for EUR/USD Looking at Pivots and Trading Options.

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