Technical Analysis 22 December 2010
|
|
 |
|
|
|
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 - 22 December 2010
|
Indices Technical Analysis
 Dow Jones Index Technical Analysis
DJI closed higher on Tuesday as it extended this month's rally. The high-range close sets the stage for a steady-to-higher opening on Wednesday. Stochastics and the RSI are overbought but are neutral-to-bullish signalling that additional short-term gains are still possible.
 S&P 500 Index Technical Analysis
SPI closed higher on Tuesday as it extends this month's rally. The high-range close sets the stage for a steady-to-higher opening on Wednesday. Stochastics and the RSI are overbought but remain neutral-to-bullish signalling that sideways-to-higher prices are possible near-term.
 Nasdaq Index Technical Analysis
NDI closed higher on Tuesday as it extends this month's rally. The high-range close sets the stage for a steady-to-higher opening on Wednesday. Stochastics and the RSI are overbought but remain neutral-to-bullish signalling that sideways-to-higher prices are possible near-term.
Forex Technical Analysis
 Euro / Dollar Technical Analysis
EUR/USD closed lower on Tuesday as it extends last week's decline. The low-range close sets the stage for a steady-to-lower opening on Wednesday. Stochastics and the RSI are bearish signalling that sideways-to-lower prices are possible near-term. If it extends the decline off last week's high, November's low crossing is the next downside target. Closes above last week's high crossing would renew the rally off November's low.
 Dollar / Yen Technical Analysis
USD/JPY closed lower on Tuesday as it consolidates some of last week's decline. The high-range close sets the stage for a steady-to-higher opening on Wednesday. Stochastics and the RSI are turning bearish hinting that a top might be in or is near. Closes below last Tuesday's low crossing are needed to confirm that a short-term top has been posted. If it renews the rally off November's low, the 38% retracement level of this year's decline crossing is the next upside target.
 Sterling / Dollar Technical Analysis
GBP/USD closed lower on Tuesday as it extends the decline off last week's high. The low-range close sets the stage for a steady-to-lower opening on Wednesday. Stochastics and the RSI remain bearish signalling that sideways-to-lower prices are possible near-term. If it extends the aforementioned decline, September's low 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 Tuesday and is poised to extend the decline off this month's top. The low-range close sets the stage for a steady-to-lower opening on Wednesday. Stochastics and the RSI are overbought, diverging and are turning neutral-to-bullish signalling that a short-term 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 this month's decline, October's low crossing is the next downside 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.
'Technical Analysis 22 December 2010' edited by PipTrade, updated 22-Dec-10
Related Articles:
Stock Market and Currency Daily Spread Trading Market Analysis: Technical Review on FX, EUR/USD, GBP/USD, updated 28-Dec-12
Daily Currencies and Indices Analysis - Stock Market and Currency Daily Spread Trading Market Analysis: Technical Review on FX, EUR/USD, GBP/USD and...read article: Stock Market and Currency Daily Spread Trading Market Analysis: Technical Review on FX, EUR/USD, GBP/USD.
Currency and Stock Market Daily Trading Market Analysis with Dollar/Yen, S+P 500, US Stock Markets, updated 27-Dec-12
Daily Technical Analysis - Currency and Stock Market Daily Trading Market Analysis with Dollar/Yen, S+P 500, US Stock Markets and...read article: Currency and Stock Market Daily Trading Market Analysis with Dollar/Yen, S+P 500, US Stock Markets.
Stock Market Indices and FX Spread Betting Technical Analysis Reviewing Dow, Nasdaq 100, American Stock Markets, updated 19-Dec-12
Daily Forex Analysis - Stock Market Indices and FX Spread Betting Technical Analysis Reviewing Dow, Nasdaq 100, American Stock Markets and...read article: Stock Market Indices and FX Spread Betting Technical Analysis Reviewing Dow, Nasdaq 100, American Stock Markets.
Currency and Stock Market Indices Daily Financial Spread Betting Analysis: Analysis for Forex, Euro/Dollar, USD/CHF, updated 18-Dec-12
Indices Technical Analysis - Currency and Stock Market Indices Daily Financial Spread Betting Analysis: Analysis for Forex, Euro/Dollar, USD/CHF and...read article: Currency and Stock Market Indices Daily Financial Spread Betting Analysis: Analysis for Forex, Euro/Dollar, USD/CHF.
Stock Index and Forex Market Analysis on Dow Jones, Nasdaq 100, US Stock Markets, updated 17-Dec-12
Forex Technical Analysis - Stock Index and Forex Market Analysis on Dow Jones, Nasdaq 100, US Stock Markets and...read article: Stock Index and Forex Market Analysis on Dow Jones, Nasdaq 100, US Stock Markets.
Stock Market and FX Daily Spread Trading Market Analysis with Euro/Dollar, S&P 500, Forex, updated 14-Dec-12
Forex and Stock Market Analysis - Stock Market and FX Daily Spread Trading Market Analysis with Euro/Dollar, S&P 500, Forex and...read article: Stock Market and FX Daily Spread Trading Market Analysis with Euro/Dollar, S&P 500, Forex.
Stock Market Index and Forex Daily Trading Market Analysis with Euro/Dollar, GBP/USD, American Stock Markets, updated 13-Dec-12
Indices and Currencies Analysis - Stock Market Index and Forex Daily Trading Market Analysis with Euro/Dollar, GBP/USD, American Stock Markets and...read article: Stock Market Index and Forex Daily Trading Market Analysis with Euro/Dollar, GBP/USD, American Stock Markets.
Forex and Stock Market Daily Spread Betting Analysis: Analysis for EUR/USD, Nasdaq 100, US Indices, updated 12-Dec-12
Currencies and Indices Analysis - Forex and Stock Market Daily Spread Betting Analysis: Analysis for EUR/USD, Nasdaq 100, US Indices and...read article: Forex and Stock Market Daily Spread Betting Analysis: Analysis for EUR/USD, Nasdaq 100, US Indices.
Forex and Stock Market Index Financial Spread Betting Market Analysis: Analysis for Dow Jones, USD/CHF, Currencies, updated 11-Dec-12
Daily Index and Forex Analysis - Forex and Stock Market Index Financial Spread Betting Market Analysis: Analysis for Dow Jones, USD/CHF, Currencies and...read article: Forex and Stock Market Index Financial Spread Betting Market Analysis: Analysis for Dow Jones, USD/CHF, Currencies.
Currency and Stock Market Index Technical Analysis: Technical Review for Dow, GBP/USD, FX, updated 10-Dec-12
Forex and Indices Analysis - Currency and Stock Market Index Technical Analysis: Technical Review for Dow, GBP/USD, FX and...read article: Currency and Stock Market Index Technical Analysis: Technical Review for Dow, GBP/USD, FX.
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!
|
|
