EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: buy.
EUR/JPY trend: buy.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.5454 | 1.5609 | 1.5728 | 1.5883 | 1.6002 | 1.6157 | 1.6276 |
| GBP/USD | 1.9469 | 1.9641 | 1.9813 | 1.9985 | 2.0157 | 2.0329 | 2.0501 |
| USD/JPY | 101.45 | 102.60 | 104.78 | 105.93 | 108.11 | 109.26 | 111.44 |
| EUR/JPY | 162.31 | 163.81 | 166.65 | 168.15 | 170.99 | 172.49 | 175.33 |
| Woodie’s Pivot Points | |||||
|---|---|---|---|---|---|
| Pair | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res |
| EUR/USD | 1.5600 | 1.5710 | 1.5874 | 1.5984 | 1.6148 |
| GBP/USD | 1.9641 | 1.9813 | 1.9985 | 2.0157 | 2.0329 |
| USD/JPY | 102.60 | 104.78 | 105.93 | 108.11 | 109.26 |
| EUR/JPY | 163.81 | 166.65 | 168.15 | 170.99 | 172.49 |
| Camarilla Pivot Points | ||||||||
|---|---|---|---|---|---|---|---|---|
| Pair | 4th Sup | 3rd Sup | 2nd Sup | 1st Sup | 1st Res | 2nd Res | 3rd Res | 4th Res |
| EUR/USD | 1.5696 | 1.5772 | 1.5797 | 1.5822 | 1.5872 | 1.5897 | 1.5922 | 1.5998 |
| GBP/USD | 1.9795 | 1.9889 | 1.9921 | 1.9952 | 2.0016 | 2.0047 | 2.0079 | 2.0173 |
| USD/JPY | 105.12 | 106.03 | 106.34 | 106.64 | 107.26 | 107.56 | 107.87 | 108.78 |
| EUR/JPY | 167.09 | 168.29 | 168.68 | 169.08 | 169.88 | 170.28 | 170.67 | 171.87 |
| Tom DeMark’s Pivot Points | ||||
|---|---|---|---|---|
| Pair | EUR/USD | GBP/USD | USD/JPY | EUR/JPY |
| Resistance | 1.6080 | 2.0243 | 108.69 | 171.74 |
| Support | 1.5806 | 1.9899 | 105.36 | 167.40 |
| Fibonacci Retracement Levels | ||||
|---|---|---|---|---|
| Pairs | EUR/USD | GBP/USD | USD/JPY | EUR/JPY |
| 100.0% | 1.6038 | 2.0158 | 107.09 | 169.66 |
| 61.8% | 1.5933 | 2.0027 | 105.82 | 168.00 |
| 50.0% | 1.5901 | 1.9986 | 105.43 | 167.49 |
| 38.2% | 1.5869 | 1.9945 | 105.03 | 166.98 |
| 23.6% | 1.5829 | 1.9895 | 104.55 | 166.34 |
| 0.0% | 1.5764 | 1.9814 | 103.76 | 165.32 |
July 20th, 2008 at 10:43 pm
So apparently your the person to come to with Forex type subjects. I dont understand this stuff at all but I wish I did because it seems like you COULD make good money off of it. Does anyone offer a Forex for Dummies book? lol. Ya know something easy for someone like me to read, that has no clue about this kind of stuff?!?
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July 21st, 2008 at 7:08 am
Kristi,
You can read this:
http://www.earnforex.com/forex_for_dummies.php
and this:
Introduction to Forex
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