Posts Tagged ‘Fibonacci’

Forex Technical Analysis for 07/06—07/10 Week

Saturday, July 4th, 2009

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 1.3597 1.3762 1.3870 1.4035 1.4144 1.4309 1.4417
GBP/USD 1.5732 1.6016 1.6174 1.6458 1.6616 1.6900 1.7058
USD/JPY 93.29 94.22 95.12 96.05 96.95 97.88 98.78
EUR/JPY 129.27 131.31 132.78 134.83 136.29 138.34 139.80

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.3748 1.3842 1.4021 1.4115 1.4295
GBP/USD 1.5984 1.6110 1.6427 1.6553 1.6869
USD/JPY 94.21 95.11 96.04 96.94 97.87
EUR/JPY 131.17 132.49 134.68 136.00 138.19

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3828 1.3903 1.3928 1.3953 1.4003 1.4028 1.4053 1.4129
GBP/USD 1.6088 1.6210 1.6250 1.6291 1.6372 1.6413 1.6453 1.6575
USD/JPY 95.02 95.53 95.69 95.86 96.20 96.36 96.53 97.04
EUR/JPY 132.31 133.28 133.60 133.92 134.57 134.89 135.21 136.18

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
100.0% 1.4201 1.6743 96.97 136.87
61.8% 1.4096 1.6574 96.27 135.53
50.0% 1.4064 1.6522 96.06 135.12
38.2% 1.4032 1.6469 95.84 134.70
23.6% 1.3992 1.6405 95.57 134.19
0.0% 1.3927 1.6301 95.14 133.36

Forex Technical Analysis for 06/29—07/03 Week

Saturday, June 27th, 2009

EUR/USD trend: sell.
GBP/USD trend: buy.
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 1.3520 1.3634 1.3785 1.3898 1.4049 1.4162 1.4313
GBP/USD 1.5891 1.6039 1.6265 1.6413 1.6640 1.6787 1.7014
USD/JPY 91.93 93.72 94.99 96.78 98.05 99.84 101.11
EUR/JPY 126.36 129.35 131.75 134.74 137.15 140.13 142.54

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.3643 1.3803 1.3908 1.4068 1.4172
GBP/USD 1.6058 1.6305 1.6433 1.6680 1.6807
USD/JPY 93.59 94.74 96.65 97.80 99.71
EUR/JPY 129.20 131.46 134.60 136.85 139.99

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3790 1.3863 1.3887 1.3911 1.3960 1.3984 1.4008 1.4081
GBP/USD 1.6286 1.6389 1.6424 1.6458 1.6527 1.6561 1.6595 1.6698
USD/JPY 94.58 95.42 95.70 95.98 96.55 96.83 97.11 97.95
EUR/JPY 131.19 132.67 133.17 133.66 134.65 135.14 135.64 137.12

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY
Resistance 1.3974 1.6526 98.95 135.94
Support 1.3709 1.6152 95.89 130.55

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
100.0% 1.4012 1.6560 98.57 137.73
61.8% 1.3911 1.6417 97.40 135.67
50.0% 1.3879 1.6373 97.04 135.04
38.2% 1.3848 1.6329 96.68 134.40
23.6% 1.3810 1.6274 96.23 133.61
0.0% 1.3747 1.6186 95.51 132.34

Forex Technical Analysis for 06/22—06/26 Week

Saturday, June 20th, 2009

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.3447 1.3625 1.3820 1.3999 1.4194 1.4373 1.4568
GBP/USD 1.5133 1.5467 1.5954 1.6288 1.6776 1.7109 1.7597
USD/JPY 95.61 96.35 97.38 98.12 99.15 99.89 100.92
EUR/JPY 133.66 134.67 136.30 137.31 138.94 139.95 141.57

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.3629 1.3829 1.4003 1.4202 1.4377
GBP/USD 1.5505 1.6032 1.6326 1.6853 1.7148
USD/JPY 96.42 97.53 98.19 99.30 99.96
EUR/JPY 134.82 136.60 137.46 139.24 140.10

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3810 1.3913 1.3947 1.3981 1.4050 1.4084 1.4118 1.4221
GBP/USD 1.5990 1.6216 1.6292 1.6367 1.6517 1.6593 1.6668 1.6894
USD/JPY 97.44 97.93 98.09 98.25 98.58 98.74 98.90 99.39
EUR/JPY 136.47 137.20 137.44 137.68 138.16 138.40 138.65 139.37

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY
Resistance 1.4283 1.6942 99.52 139.44
Support 1.3910 1.6121 97.75 136.80

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
100.0% 1.4177 1.6621 98.85 138.32
61.8% 1.4035 1.6308 98.17 137.32
50.0% 1.3990 1.6211 97.97 137.00
38.2% 1.3946 1.6114 97.76 136.69
23.6% 1.3892 1.5994 97.50 136.31
0.0% 1.3804 1.5800 97.08 135.69

Forex Technical Analysis for 06/15—06/19 Week

Monday, June 15th, 2009

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 1.3447 1.3625 1.3820 1.3999 1.4194 1.4373 1.4568
GBP/USD 1.5133 1.5467 1.5954 1.6288 1.6776 1.7109 1.7597
USD/JPY 95.61 96.35 97.38 98.12 99.15 99.89 100.92
EUR/JPY 133.66 134.67 136.30 137.31 138.94 139.95 141.57

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.3629 1.3829 1.4003 1.4202 1.4377
GBP/USD 1.5505 1.6032 1.6326 1.6853 1.7148
USD/JPY 96.42 97.53 98.19 99.30 99.96
EUR/JPY 134.82 136.60 137.46 139.24 140.10

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3810 1.3913 1.3947 1.3981 1.4050 1.4084 1.4118 1.4221
GBP/USD 1.5990 1.6216 1.6292 1.6367 1.6517 1.6593 1.6668 1.6894
USD/JPY 97.44 97.93 98.09 98.25 98.58 98.74 98.90 99.39
EUR/JPY 136.47 137.20 137.44 137.68 138.16 138.40 138.65 139.37

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY
Resistance 1.4283 1.6942 99.52 139.44
Support 1.3910 1.6121 97.75 136.80

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
100.0% 1.4177 1.6621 98.85 138.32
61.8% 1.4035 1.6308 98.17 137.32
50.0% 1.3990 1.6211 97.97 137.00
38.2% 1.3946 1.6114 97.76 136.69
23.6% 1.3892 1.5994 97.50 136.31
0.0% 1.3804 1.5800 97.08 135.69

Forex Technical Analysis for 06/08—06/12 Week

Saturday, June 6th, 2009

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

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.3533 1.3663 1.3909 1.4039 1.4285 1.4415 1.4661
GBP/USD 1.5487 1.5631 1.5909 1.6054 1.6332 1.6476 1.6754
USD/JPY 91.27 92.84 94.08 95.66 96.90 98.48 99.72
EUR/JPY 128.17 129.82 132.38 134.03 136.59 138.24 140.80

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.3692 1.3968 1.4068 1.4344 1.4444
GBP/USD 1.5665 1.5976 1.6087 1.6398 1.6510
USD/JPY 92.76 93.92 95.58 96.74 98.39
EUR/JPY 130.04 132.83 134.25 137.04 138.47

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3949 1.4053 1.4087 1.4122 1.4190 1.4225 1.4259 1.4363
GBP/USD 1.5955 1.6071 1.6109 1.6148 1.6226 1.6264 1.6303 1.6419
USD/JPY 93.78 94.55 94.81 95.07 95.59 95.84 96.10 96.88
EUR/JPY 132.62 133.78 134.17 134.55 135.33 135.71 136.10 137.26

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY
Resistance 1.4350 1.6404 97.69 137.41
Support 1.3974 1.5982 94.87 133.20

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
100.0% 1.4168 1.6199 97.23 135.68
61.8% 1.4024 1.6037 96.16 134.07
50.0% 1.3980 1.5987 95.82 133.57
38.2% 1.3936 1.5938 95.49 133.07
23.6% 1.3881 1.5876 95.08 132.46
0.0% 1.3792 1.5776 94.42 131.46

Forex Technical Analysis for 06/01—06/05 Week

Saturday, May 30th, 2009

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

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.3533 1.3663 1.3909 1.4039 1.4285 1.4415 1.4661
GBP/USD 1.5487 1.5631 1.5909 1.6054 1.6332 1.6476 1.6754
USD/JPY 91.27 92.84 94.08 95.66 96.90 98.48 99.72
EUR/JPY 128.17 129.82 132.38 134.03 136.59 138.24 140.80

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.3692 1.3968 1.4068 1.4344 1.4444
GBP/USD 1.5665 1.5976 1.6087 1.6398 1.6510
USD/JPY 92.76 93.92 95.58 96.74 98.39
EUR/JPY 130.04 132.83 134.25 137.04 138.47

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3949 1.4053 1.4087 1.4122 1.4190 1.4225 1.4259 1.4363
GBP/USD 1.5955 1.6071 1.6109 1.6148 1.6226 1.6264 1.6303 1.6419
USD/JPY 93.78 94.55 94.81 95.07 95.59 95.84 96.10 96.88
EUR/JPY 132.62 133.78 134.17 134.55 135.33 135.71 136.10 137.26

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY
Resistance 1.4350 1.6404 97.69 137.41
Support 1.3974 1.5982 94.87 133.20

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
100.0% 1.4168 1.6199 97.23 135.68
61.8% 1.4024 1.6037 96.16 134.07
50.0% 1.3980 1.5987 95.82 133.57
38.2% 1.3936 1.5938 95.49 133.07
23.6% 1.3881 1.5876 95.08 132.46
0.0% 1.3792 1.5776 94.42 131.46

Forex Technical Analysis for 05/25—05/29 Week

Saturday, May 23rd, 2009

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

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.3137 1.3299 1.3397 1.3559 1.3657 1.3819 1.3917
GBP/USD 1.4746 1.4902 1.5040 1.5196 1.5333 1.5489 1.5627
USD/JPY 89.55 92.14 93.66 96.25 97.78 100.36 101.89
EUR/JPY 119.11 123.53 125.99 130.40 132.86 137.28 139.74

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.3283 1.3365 1.3543 1.3625 1.3803
GBP/USD 1.4898 1.5031 1.5191 1.5324 1.5485
USD/JPY 91.87 93.13 95.98 97.25 100.10
EUR/JPY 123.04 125.01 129.91 131.88 136.79

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3351 1.3423 1.3447 1.3471 1.3518 1.3542 1.3566 1.3638
GBP/USD 1.5016 1.5097 1.5124 1.5151 1.5204 1.5231 1.5258 1.5339
USD/JPY 92.93 94.06 94.44 94.81 95.57 95.94 96.32 97.45
EUR/JPY 124.66 126.56 127.19 127.82 129.08 129.71 130.34 132.23

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY
Resistance 1.3738 1.5411 99.07 135.07
Support 1.3478 1.5118 94.96 128.20

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
100.0% 1.3722 1.5352 98.84 134.82
61.8% 1.3622 1.5239 97.26 132.19
50.0% 1.3591 1.5205 96.78 131.38
38.2% 1.3561 1.5170 96.29 130.57
23.6% 1.3523 1.5127 95.69 129.57
0.0% 1.3461 1.5058 94.72 127.94

Truth About Fibonacci Trading

Friday, May 22nd, 2009

The Truth About Fibonacci Trading by Bill Poulos is a new addition to my collection of the Forex trading books. It’s a rather short e-book starting off with explaining the basics of the Fibonacci numbers and retracement levels and finishing with the real chart examples of both the Fibonacci retracement and extension levels. It helps you understand how to apply the Fibonaacci levels in your trading and what you should and shouldn’t be doing with them. As the author says Fibonacci levels are useful tool but traders shouldn’t rely solely on them. You can download this book for free:

If you have any questions or interesting thoughts regarding Fibonacci trading, please, feel free to reply in comments.

Forex Technical Analysis for 05/18—05/22 Week

Saturday, May 16th, 2009

EUR/USD trend: sell.
GBP/USD trend: hold.
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 1.2908 1.3060 1.3346 1.3498 1.3784 1.3936 1.4223
GBP/USD 1.4548 1.4691 1.4960 1.5104 1.5373 1.5516 1.5785
USD/JPY 95.87 96.90 97.68 98.72 99.50 100.54 101.31
EUR/JPY 126.75 128.30 131.27 132.82 135.78 137.33 140.29

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.3093 1.3413 1.3532 1.3852 1.3970
GBP/USD 1.4723 1.5024 1.5135 1.5436 1.5548
USD/JPY 96.84 97.55 98.66 99.37 100.47
EUR/JPY 128.66 131.97 133.17 136.48 137.68

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3391 1.3512 1.3552 1.3592 1.3673 1.3713 1.3753 1.3873
GBP/USD 1.5003 1.5116 1.5154 1.5192 1.5268 1.5305 1.5343 1.5457
USD/JPY 97.46 97.96 98.13 98.29 98.63 98.79 98.96 99.46
EUR/JPY 131.74 132.99 133.40 133.81 134.64 135.05 135.47 136.71

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY
Resistance 1.3641 1.5444 99.11 134.30
Support 1.3203 1.5032 97.29 129.79

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
100.0% 1.3650 1.5247 99.76 134.37
61.8% 1.3483 1.5089 99.06 132.64
50.0% 1.3431 1.5041 98.85 132.11
38.2% 1.3379 1.4992 98.63 131.58
23.6% 1.3315 1.4932 98.37 130.92
0.0% 1.3212 1.4834 97.94 129.86

Forex Technical Analysis for 05/11—05/15 Week

Saturday, May 9th, 2009

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.2611 1.2788 1.3031 1.3208 1.3451 1.3629 1.3872
GBP/USD 1.4208 1.4361 1.4641 1.4794 1.5074 1.5227 1.5507
USD/JPY 92.66 94.14 96.62 98.10 100.58 102.06 104.54
EUR/JPY 118.52 121.44 126.48 129.40 134.44 137.36 142.40

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.2804 1.3064 1.3225 1.3485 1.3645
GBP/USD 1.4393 1.4705 1.4826 1.5138 1.5259
USD/JPY 94.39 97.12 98.35 101.08 102.31
EUR/JPY 121.97 127.53 129.93 135.49 137.89

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3043 1.3159 1.3197 1.3236 1.3313 1.3351 1.3390 1.3506
GBP/USD 1.4683 1.4802 1.4842 1.4882 1.4961 1.5001 1.5040 1.5159
USD/JPY 96.92 98.01 98.38 98.74 99.46 99.83 100.19 101.28
EUR/JPY 127.13 129.32 130.05 130.78 132.24 132.97 133.70 135.89

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY
Resistance 1.3330 1.4934 99.34 131.92
Support 1.2909 1.4501 95.38 123.96

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
100.0% 1.3385 1.4947 99.57 132.33
61.8% 1.3225 1.4782 98.06 129.29
50.0% 1.3175 1.4731 97.59 128.35
38.2% 1.3125 1.4679 97.13 127.41
23.6% 1.3064 1.4616 96.55 126.25
0.0% 1.2965 1.4514 95.62 124.37


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