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

May 16, 2009 (Last updated on May 18, 2009) by

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

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