Forex Blog

First-hand Forex trading experience and information about foreign exchange market that will be useful to traders

Archives

EUR/USD Technical Analysis for the 7/9—7/13 Week

July 7, 2007 (Last updated on November 30, 2009) by

General trend: bearish.

Floor Pivot Points:
3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
1.3419 1.3473 1.3550 1.3604 1.3681 1.3735 1.3812

Woodie’s Pivot Points:
2nd Sup 1st Sup Pivot 1st Res 2nd Res
1.3479 1.3561 1.3610 1.3692 1.3741

Camarilla Pivot Points:
4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
1.3554 1.3590 1.3602 1.3614 1.3638 1.3650 1.3662 1.3698

Tom DeMark’s Pivot Points:
Resistance: 1.3643
Support: 1.3512

Fibonacci Retracement Levels:
100.0% 1.3659
61.8% 1.3609
50.0% 1.3594
38.2% 1.3578
23.6% 1.3559
0.0% 1.3528

2 Responses to “EUR/USD Technical Analysis for the 7/9—7/13 Week”

  1. igerousis

    Can this technical analysis be converted a system to be live traded?

    Regards
    Yanni
    http://www.myfxreport.com

    Reply

  2. enivid

    Of course it can be converted into a trading system. But to make such a system successful it will have to make it slightly more complicated than buy/sell on resistance/support levels.

    Reply

Leave a Reply

required
required (will not be published)