Forex Technical Analysis for 05/19—05/23 Week

EUR/USD trend: buy.
GBP/USD trend: buy.
USD/JPY trend: hold.
EUR/JPY trend: hold.

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.5191 1.5278 1.5427 1.5514 1.5663 1.5750 1.5899
GBP/USD 1.9142 1.9252 1.9411 1.9521 1.9680 1.9790 1.9949
USD/JPY 99.75 101.17 102.61 104.03 105.47 106.89 108.33
EUR/JPY 155.15 156.88 159.49 161.22 163.83 165.56 168.17

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.5294 1.5458 1.5530 1.5694 1.5766
GBP/USD 1.9252 1.9411 1.9521 1.9680 1.9790
USD/JPY 101.17 102.61 104.03 105.47 106.89
EUR/JPY 156.88 159.49 161.22 163.83 165.56

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.5446 1.5511 1.5533 1.5554 1.5598 1.5619 1.5641 1.5706
GBP/USD 1.9421 1.9495 1.9520 1.9544 1.9594 1.9618 1.9643 1.9717
USD/JPY 102.49 103.27 103.54 103.80 104.32 104.58 104.85 105.63
EUR/JPY 159.70 160.90 161.29 161.69 162.49 162.89 163.28 164.48

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY
Resistance 1.5588 1.9601 106.18 162.53
Support 1.5352 1.9332 103.32 158.19

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
100.0% 1.5601 1.9632 105.44 162.96
61.8% 1.5511 1.9529 104.35 161.30
50.0% 1.5483 1.9498 104.01 160.79
38.2% 1.5455 1.9466 103.67 160.28
23.6% 1.5421 1.9426 103.25 159.64
0.0% 1.5365 1.9363 102.58 158.62

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4 Responses to “Forex Technical Analysis for 05/19—05/23 Week”

  1. Ahmed Fouad Says:

    I am in with EURUSD long, targetting 1.5800 again

  2. Andrei Says:

    1.5800 is close enough and can be hit if PPI report will disappoint traders. But it’s far enough not to be hit on high PPI.

  3. Daryl Says:

    Hi, I see your fibonaci.. How about binary? can you tell me? Answer me to my email if you want. Thank you.

  4. Andrei Says:

    Daryl, binary what?

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