EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3296 | 1.3343 | 1.3625 | 1.3672 | 1.3954 | 1.4001 | 1.4283 |
| GBP/USD | 1.5005 | 1.4908 | 1.4917 | 1.4820 | 1.4829 | 1.4732 | 1.4741 |
| USD/JPY | 82.98 | 85.05 | 87.19 | 89.26 | 91.40 | 93.47 | 95.61 |
| EUR/JPY | 110.88 | 116.27 | 120.23 | 125.62 | 129.58 | 134.97 | 138.93 |
| Woodie’s Pivot Points | |||||
|---|---|---|---|---|---|
| Pair | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res |
| EUR/USD | 1.3402 | 1.3743 | 1.3731 | 1.4072 | 1.4060 |
| GBP/USD | 1.4908 | 1.4917 | 1.4820 | 1.4829 | 1.4732 |
| USD/JPY | 85.05 | 87.19 | 89.26 | 91.40 | 93.47 |
| EUR/JPY | 116.27 | 120.23 | 125.62 | 129.58 | 134.97 |
| Camarilla Pivot Points | ||||||||
|---|---|---|---|---|---|---|---|---|
| Pair | 4th Sup | 3rd Sup | 2nd Sup | 1st Sup | 1st Res | 2nd Res | 3rd Res | 4th Res |
| EUR/USD | 1.3726 | 1.3817 | 1.3847 | 1.3877 | 1.3937 | 1.3967 | 1.3997 | 1.4088 |
| GBP/USD | 1.4975 | 1.4951 | 1.4943 | 1.4935 | 1.4919 | 1.4911 | 1.4903 | 1.4879 |
| USD/JPY | 87.00 | 88.16 | 88.55 | 88.93 | 89.71 | 90.09 | 90.48 | 91.64 |
| EUR/JPY | 119.06 | 121.63 | 122.49 | 123.34 | 125.06 | 125.91 | 126.77 | 129.34 |
| Tom DeMark’s Pivot Points | ||||
|---|---|---|---|---|
| Pair | EUR/USD | GBP/USD | USD/JPY | EUR/JPY |
| Resistance | 1.4313 | 1.5325 | 92.44 | 127.60 |
| Support | 1.2984 | 1.4413 | 88.23 | 118.25 |
| Fibonacci Retracement Levels | ||||
|---|---|---|---|---|
| Pairs | EUR/USD | GBP/USD | USD/JPY | EUR/JPY |
| 100.0% | 1.3719 | 1.4722 | 91.34 | 131.00 |
| 61.8% | 1.3593 | 1.4756 | 89.73 | 127.43 |
| 50.0% | 1.3555 | 1.4766 | 89.24 | 126.33 |
| 38.2% | 1.3516 | 1.4776 | 88.74 | 125.22 |
| 23.6% | 1.3468 | 1.4789 | 88.12 | 123.86 |
| 0.0% | 1.3390 | 1.4810 | 87.13 | 121.65 |
December 21st, 2008 at 9:24 am
The Yen pairs are definitely “Sell”.
The budget proposal that was presented yesterday in Japan will spill a lot of Yens into the market.
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December 21st, 2008 at 10:16 am
Yohay,
“Selling” the yen pairs is actually going long on the yen. So what’s the logic in your commentary if you propose going long on yen when the government is going to “spill a lot of yens”?
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