Technical Analysis 19 April 2011
|
|
 |
|
|
|
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 - 19 April 2011
|
Indices Technical Analysis
 Dow Jones Index Technical Analysis
DJI closed sharply lower on Monday as it extends this month's decline. Stochastics and the RSI remain bearish signalling that sideways-to-lower prices are possible near-term. Closes below last Thursday's low crossing are needed to confirm that a short-term top has been posted.
 S&P 500 Index Technical Analysis
SPI closed lower on Monday as it extends the decline off this month's high. The mid-range close sets the stage for a steady-to-lower opening on Tuesday. Stochastics and the RSI remain neutral-to-bearish signalling that sideways-to-lower prices are possible near-term.
 Nasdaq Index Technical Analysis
NDI closed lower on Monday as it extended this month's decline. However, a short covering rally tempered early-session losses and the mid-range close sets the stage for a steady opening on Tuesday. Stochastics and the RSI remain neutral-to-bearish signalling that sideways-to-lower prices are possible near-term.
Forex Technical Analysis
 Euro / Dollar Technical Analysis
EUR/USD closed lower on Monday and below the 20-day moving average crossing confirming that a short-term top has been posted. The low-range close sets the stage for a steady-to-lower opening on Tuesday. Stochastics and the RSI are turning bearish signalling that sideways-to-lower prices are possible near-term. If it extends today's decline, the reaction low crossing is the next downside target. If it extends this year's rally, weekly resistance crossing is the next upside target.
 Dollar / Yen Technical Analysis
USD/JPY closed lower on Monday and above the 20-day moving average crossing confirming that a short-term high has been posted. The mid-range close sets the stage for a steady-to-lower opening on Tuesday. Stochastics and the RSI are bearish signalling that sideways-to-higher prices are possible near-term. If it extends this month's decline, the 50% retracement level of the rally off March's low crossing is the next downside target. Closes above the 10-day moving average crossing would temper the near-term bearish outlook.
 Sterling / Dollar Technical Analysis
GBP/USD closed lower on Monday and the mid-range close sets the stage for a steady-to-lower opening on Tuesday. Stochastics and the RSI are neutral signalling that sideways trading is possible near-term. Closes below the 20-day moving average crossing would confirm that a short-term top has been posted. If it renews the rally off March's low, weekly resistance crossing is the next upside target.
 Dollar / Swiss Franc Technical Analysis
USD/CHF closed higher on Monday as it consolidated some of last week's decline. The high-range close sets the stage for a steady opening on Tuesday. Stochastics and the RSI remain neutral-to-bearish signalling that sideways-to-lower prices are possible near-term. If it extends this year's decline into uncharted territory, downside targets will be hard to project. Closes above the 20-day moving average crossing would confirm that a short-term bottom has been posted.
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 19 April 2011' edited by PipTrade, updated 19-Apr-11
Related Articles:
Stock Market Technical Analysis, updated 24-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 24-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 24-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 23-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!
|
|
