Posts Tagged ‘technical analysis’
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
Tags: EUR/JPY , EUR/USD , Fibonacci , GBP/USD , pivot points , technical analysis , USD/JPY No Comments »
Sunday, June 28th, 2009
Another set of chart patterns — this time for the EUR/JPY and GBP/USD Forex pairs. Only two patterns are presented this time because other interesting patterns are now in that stage when it’s already too late to enter any positions based on them. I hope that you can use the patterns shown in this post. They are not 100% profitable trades but still offer a good entry point for medium-term traders. Click the images to get the full-size screenshots of the charts.
1. GBP/USD, Daily, Ascending Triangle:
2. EUR/JPY, Daily, Rising Wedge:
Tags: chart , EUR/JPY , GBP/USD , technical analysis No Comments »
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
Tags: EUR/JPY , EUR/USD , Fibonacci , GBP/USD , pivot points , technical analysis , USD/JPY No Comments »
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
Tags: EUR/JPY , EUR/USD , Fibonacci , GBP/USD , pivot points , technical analysis , USD/JPY No Comments »
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
Tags: EUR/JPY , EUR/USD , Fibonacci , GBP/USD , pivot points , technical analysis , USD/JPY No Comments »
Sunday, June 7th, 2009
This is my second post with some interesting chart patterns that were spotted during the past week and that can still be played out by the traders. EUR/CAD, CHF/JPY and Gold charts are presented. To me, those patters look extremely profitable and constitute great positions. I hope that you are familiar with the pattern trading and can figure out how to use them. Anyway, trade at your own risk. As always, you click the images to get a full chart picture with the complete pattern visible.
1. EUR/CAD, Daily, Falling Wedge:
2. CHF/JPY, Daily, Ascending Triangle:
3. Gold (XAU/USD), Weekly, Rising Wedge:
Tags: chart , technical analysis No Comments »
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
Tags: EUR/JPY , EUR/USD , Fibonacci , GBP/USD , pivot points , technical analysis , USD/JPY No Comments »
Sunday, May 31st, 2009
I’d like to share 5 interesting chart patterns that I’ve spotted on the market recently and some of them I currently use in my trading. I won’t give any recommendations regarding their usage here, but if you are familiar with pattern trading then you’ll know how to interpret these images. You can click on any image for a much better and clear picture. Use them on your own risk.
1. EUR/USD, Weekly, 2 Falling Wedges:
2. EUR/JPY, Daily, Ascending Wedge (Triangle):
3. GBP/JPY, Daily, Ascending Triangle:
4. USD/CHF, Daily, Falling Wedge:
5. NZD/JPY, Daily, Ascending Triangle:
Tags: chart , technical analysis No Comments »
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
Tags: EUR/JPY , EUR/USD , Fibonacci , GBP/USD , pivot points , technical analysis , USD/JPY No Comments »
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
Tags: EUR/JPY , EUR/USD , Fibonacci , GBP/USD , pivot points , technical analysis , USD/JPY No Comments »