EUR/USD trend: sell.
GBP/USD trend: sell.
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 | 1.4446 | 1.4561 | 1.4677 | 1.4792 | 1.4908 | 1.5023 | 1.5139 |
| GBP/USD | 1.8379 | 1.8442 | 1.8484 | 1.8547 | 1.8589 | 1.8652 | 1.8694 |
| USD/JPY | 106.28 | 107.20 | 108.63 | 109.55 | 110.98 | 111.90 | 113.33 |
| EUR/JPY | 158.08 | 159.13 | 160.98 | 162.03 | 163.88 | 164.93 | 166.78 |
| Woodie’s Pivot Points | |||||
|---|---|---|---|---|---|
| Pair | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res |
| EUR/USD | 1.4561 | 1.4677 | 1.4792 | 1.4908 | 1.5023 |
| GBP/USD | 1.8442 | 1.8484 | 1.8547 | 1.8589 | 1.8652 |
| USD/JPY | 107.20 | 108.63 | 109.55 | 110.98 | 111.90 |
| EUR/JPY | 159.13 | 160.98 | 162.03 | 163.88 | 164.93 |
| Camarilla Pivot Points | ||||||||
|---|---|---|---|---|---|---|---|---|
| Pair | 4th Sup | 3rd Sup | 2nd Sup | 1st Sup | 1st Res | 2nd Res | 3rd Res | 4th Res |
| EUR/USD | 1.4665 | 1.4728 | 1.4750 | 1.4771 | 1.4813 | 1.4834 | 1.4856 | 1.4919 |
| GBP/USD | 1.8468 | 1.8497 | 1.8507 | 1.8516 | 1.8536 | 1.8545 | 1.8555 | 1.8584 |
| USD/JPY | 108.76 | 109.40 | 109.62 | 109.83 | 110.27 | 110.48 | 110.70 | 111.34 |
| EUR/JPY | 161.23 | 162.02 | 162.29 | 162.55 | 163.09 | 163.35 | 163.62 | 164.42 |
| Tom DeMark’s Pivot Points | ||||
|---|---|---|---|---|
| Pair | EUR/USD | GBP/USD | USD/JPY | EUR/JPY |
| Resistance | 1.4990 | 1.8805 | 111.44 | 164.41 |
| Support | 1.4711 | 1.8516 | 109.09 | 161.51 |
| Fibonacci Retracement Levels | ||||
|---|---|---|---|---|
| Pairs | EUR/USD | GBP/USD | USD/JPY | EUR/JPY |
| 100.0% | 1.4908 | 1.8610 | 110.48 | 163.09 |
| 61.8% | 1.4820 | 1.8570 | 109.58 | 161.98 |
| 50.0% | 1.4793 | 1.8558 | 109.31 | 161.64 |
| 38.2% | 1.4765 | 1.8545 | 109.03 | 161.30 |
| 23.6% | 1.4732 | 1.8530 | 108.68 | 160.87 |
| 0.0% | 1.4677 | 1.8505 | 108.13 | 160.19 |
August 30th, 2008 at 2:00 pm
Thanks a lot for your indept analysis. I would like to know if there is any specific price level for entry point & exit point for maximum profit with your analysis.
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August 30th, 2008 at 2:08 pm
It’s best to enter the positions when the price breaks through a pivot or support/resistance point.
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