Daily market review by HY Markets

Really nice analysis sir…
I like it, it seems that this analysis quite good. some of them have match with forex analysis on liteforex broker…
May be can add this as mt reference for improving my trade…

Hello and big thanks for your review!
Well, i guess that if 2 different analysts say the same, the idea they express is quite firm. We would be happy if you will go on reading us and hope it will improve your financial results. Have a good time sir!

US OIL closed lower due to profit taking on Friday as it consolidates some of the rally off January’s low. Friday’s midrange close sets the stage for a steady opening when Monday’s night session begins. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off January’s low, weekly resistance crossing is the next upside target. Closes below the 20day moving average crossing are needed to confirm that a shortterm top has been posted.
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Tuesday 25th February 2014
THE EURO closed slightly lower on Monday. The midrange close sets the stage for a steady opening when Tuesday’s night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the aforementioned rally, the reaction high crossing is the next upside target. Closes below the 20day moving average crossing would confirm that a shortterm top has been posted.
See more analysis at Market Commentary | HY Markets

Thursday 27th February 2014
THE YEN closed higher on Wednesday. Wednesday’s highrange close sets the stage for a steady to higher opening when Thursday’s night session begins trading. Stochastics and the RSI are turning neutral to bearish signalling that a high might be in or is near. If it renews the decline off January’s high, the 62% retracement level of the OctoberJanuary rally crossing is the next downside target. If it extends this month’s rally, the reaction high crossing is the next upside target.
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Friday 28th February 2014
THE YEN closed lower on Thursday. Thursday’s midrange close sets the stage for a steady opening when Friday’s night session begins trading. Stochastics and the RSI are turning bearish signalling that a high might be in or is near. If it renews the decline off January’s high, the 62% retracement level of the OctoberJanuary rally crossing is the next downside target. If it extends this month’s rally, the reaction high crossing is the next upside target.

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Tuesday 4th March 2014
US OIL closed higher on Monday due to geopolitical concerns in the Ukraine. Monday’s rally as renewed the rally off January’s low. Monday’s highrange close sets the stage for a steady to higher opening when Tuesday’s night session begins. Stochastics and the RSI are overbought but are neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off January’s low, weekly resistance crossing is the next upside target. Closes below the 20day moving average crossing are needed to confirm that a shortterm top has been posted.
See more analysis at Market Commentary | HY Markets

Wednesday 5th March 2014
NATURAL GAS closed higher on Tuesday. The highrange close sets the stage for a steady to higher opening when Wednesday’s night session begins trading. Stochastics and the RSI are turning neutral to bearish signalling that a shortterm top might be in or is near. Closes below the 20day moving average crossing are needed to confirm that a shortterm top has been posted. If it extends the rally off February’s low, monthly resistance crossing is the next upside target.
See more analysis at Market Commentary | HY Markets

Thursday 6th March 2014
THE EURO closed slightly lower on Wednesday. The midrange close sets the stage for a steady opening when Thursday’s night session begins trading. Stochastics and the RSI are neutral to bearish hinting that a shortterm top might be in or is near. Closes below the 20day moving average crossing are needed to confirm that a shortterm top has been posted. If it renews the rally off February’s low, December’s high crossing is the next upside target.
See more analysis at Market Commentary | HY Markets

Friday 7th March 2014
STERLING closed higher on Thursday. The highrange 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 bearish hinting that sideways to lower prices are possible nearterm. Closes below the 20day moving average crossing would confirm that a shortterm top has been posted. If it resumes the rally off February’s low, monthly resistance crossing is the next upside target.
See more analysis at Market Commentary | HY Markets

Tuesday 11th March 2014
THE EURO closed lower on Monday. The lowrange close sets the stage for a steady to lower opening when Tuesday’s night session begins trading. Stochastics and the RSI are becoming are neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off February’s low, monthly resistance crossing is the next upside target. Closes below the 20day moving average crossing are needed to confirm that a shortterm top has been posted.
See more analysis at HYCM - Multi-Regulated Forex & CFD Provider | Henyep Group]

Wednesday 12th March 2014
US OIL closed lower on Tuesday as it renewed this month’s decline. Tuesday’s lowrange close sets the stage for a steady to lower opening when Wednesday’s night session begins. Stochastics and the RSI are neutral to bearish hinting that sideways to lower prices are possible nearterm. If it extends this month’s decline, the 50% retracement level of the JanuaryMarchrally crossing is the next downside target.Closes above the 10day moving average crossing would confirm that a shortterm low has been posted.
See more analysis at Market Commentary | HY Markets

Thursday 13th March 2014
THE EURO closed higher on Wednesday renewing the rally off February’s low. The highrange close sets the stage for a steady to higher opening when Thursday’s night session begins trading. Stochastics and the RSI remain neutral to bullish signalling that sideways to higher prices are possible nearterm. If it extends the rally off February’s low, monthly resistance crossing is the next upside target. Closes below the 20day moving average crossing are needed to confirm that a shortterm top has been posted.
See more analysis at Market Commentary | HY Markets

Friday 14th March 2014
US30 Index CFD closed lower on Thursday and below the 20day moving average crossing confirming that a shortterm top has been posted. Thursday’s decline was triggered by weakerthanforecast data from China and tension in Ukraine, which overshadowed reports showing an improving American economy. The lowrange 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 nearterm. If the Dow extends today’s decline, the reaction low crossing is the next downside target. Closes above today’s high crossing would temper the nearterm bearish outlook.
See more analysis at Market Commentary | HY Markets

Monday 17th March 2014
STERLING closed slightly higher on Friday. The highrange close sets the stage for a steady to higher opening when Monday’s night session begins trading. Stochastics and the RSI are turning neutral to bullish signalling that sideways to higher prices are possible nearterm. Closes above the 20day moving average crossing would temper the nearterm bearish outlook. If it resumes the rally off February’s low, monthly resistance crossing is the next upside target. Closes below the reaction low crossing would confirm a downside breakout of a fourweek old trading range and would open the door for additional weakness nearterm.
See more analysis at Market Commentary | HY Markets

Tuesday 18th March 2014
US OIL closed lower on Monday as it renewed this month’s decline. Monday’s highrange close sets the stage for a steady to higher opening when Tuesday’s night session begins. Stochastics and the RSI remain neutral to bearish hinting that sideways to lower prices are possible nearterm. If it extends this month’s decline, the 62% retracement level of the JanuaryMarchrally crossing is the next downside target.Closes above the 20day moving average crossing would confirm that a shortterm low has been posted.
See more analysis at Market Commentary | HY Markets

Wednesday 19th March 2014
THE EURO closed higher on Tuesday. The highrange close sets the stage for a steady to higher opening when Wednesday’s night session begins trading. Stochastics and the RSI are overbought but remain neutral to bullish signalling that additional gains are possible nearterm. If it extends the rally off February’s low, monthly resistance crossing is the next upside target. Closes below the 20day moving average crossing are needed to confirm that a shortterm top has been posted.
See more analysis at Market Commentary | HY Markets

Thursday 20th March 2014
THE YEN closed higher on Wednesday and above the 10day moving average crossing confirming that a shortterm bottom has been posted. Wednesday’s highrange close sets the stage for a steady to higher opening when Thursday’s night session begins trading. Stochastics and the RSI are turning bullish signalling that sideways to higher prices are possible nearterm. If it renews the decline off March’s high, February’s low crossing is the next downside target.
See more analysis at Market Commentary | HY Markets

Friday 21st March 2014
THE EURO closed lower on Thursday and below the 20day moving average crossing confirming that a shortterm top has been posted. The lowrange close sets the stage for a steady to lower opening when Friday’s night session begins trading. Stochastics and the RSI are bearish signalling that additional weakness is possible nearterm. If it extends this week’s decline, the reaction low crossing is the next downside target. Closes above the 10day moving average crossing would temper the nearterm bearish outlook.
See more analysis at Market Commentary | HY Markets

Monday 24th March 2014
SILVER closed lower on Friday as it extends the decline off February’s high. The highrange close set the stage for a steady to lower opening when Monday’s night session begins trading. Stochastics and the RSI are becoming remain neutral to bearish signaling that sideways to lower prices are possible nearterm. If it extends the decline off February’s high, the reaction low crossing is the next downside target. Multiple closes above the 20day moving average crossing would confirm that a shortterm low has been posted.
See more analysis at Market Commentary | HY Markets