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Forex Technical Analysis for Week 12/27—12/31

December 25th, 2010

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

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.2899 1.2977 1.3045 1.3123 1.3191 1.3269 1.3337
GBP/USD 1.5104 1.5229 1.5327 1.5452 1.5550 1.5675 1.5773
USD/JPY 81.21 82.03 82.47 83.29 83.73 84.55 84.99
EUR/JPY 105.61 107.03 107.87 109.29 110.13 111.55 112.39
GBP/JPY 123.71 125.57 126.74 128.60 129.77 131.63 132.80

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.2975 1.3040 1.3121 1.3186 1.3267
GBP/USD 1.5222 1.5315 1.5445 1.5538 1.5668
USD/JPY 81.94 82.28 83.20 83.54 84.46
EUR/JPY 106.89 107.59 109.15 109.85 111.41
GBP/JPY 125.40 126.39 128.43 129.42 131.46

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3033 1.3073 1.3086 1.3100 1.3126 1.3140 1.3153 1.3193
GBP/USD 1.5303 1.5365 1.5385 1.5406 1.5446 1.5467 1.5487 1.5549
USD/JPY 82.22 82.56 82.68 82.79 83.03 83.14 83.26 83.60
EUR/JPY 107.48 108.10 108.31 108.51 108.93 109.13 109.34 109.96
GBP/JPY 126.23 127.07 127.34 127.62 128.18 128.46 128.73 129.57

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
Resistance 1.3157 1.5501 83.51 109.71 129.19
Support 1.3011 1.5278 82.25 107.45 126.16

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
100.0% 1.3201 1.5576 84.11 110.70 130.47
61.8% 1.3145 1.5491 83.63 109.84 129.31
50.0% 1.3128 1.5465 83.48 109.57 128.96
38.2% 1.3111 1.5438 83.33 109.30 128.60
23.6% 1.3089 1.5406 83.15 108.97 128.16
0.0% 1.3055 1.5353 82.85 108.44 127.44


If you have any questions or comments on this technical analysis, please, feel free to reply below.


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