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Forex Technical Analysis for 08/17—08/21 Week

August 15, 2009 (Last updated on August 17, 2009) by

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 1.3782 1.3968 1.4075 1.4261 1.4368 1.4554 1.4662
GBP/USD 1.6150 1.6400 1.6541 1.6792 1.6933 1.7183 1.7324
USD/JPY 91.91 93.13 95.34 96.56 98.78 100.00 102.21
EUR/JPY 131.60 133.08 135.72 137.21 139.85 141.34 143.98

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.3948 1.4036 1.4241 1.4329 1.4535
GBP/USD 1.6373 1.6487 1.6764 1.6878 1.7156
USD/JPY 93.38 95.84 96.81 99.28 100.25
EUR/JPY 133.37 136.30 137.50 140.43 141.63

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.4021 1.4102 1.4129 1.4156 1.4209 1.4236 1.4263 1.4344
GBP/USD 1.6467 1.6575 1.6611 1.6647 1.6718 1.6754 1.6790 1.6898
USD/JPY 95.67 96.62 96.93 97.25 97.88 98.19 98.51 99.45
EUR/JPY 136.10 137.23 137.61 137.99 138.75 139.12 139.50 140.64

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY
Resistance 1.4461 1.7058 97.67 138.53
Support 1.4168 1.6667 94.24 134.40

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
100.0% 1.4447 1.7042 97.78 138.69
61.8% 1.4335 1.6893 96.47 137.12
50.0% 1.4300 1.6847 96.06 136.63
38.2% 1.4265 1.6800 95.66 136.14
23.6% 1.4223 1.6743 95.15 135.54
0.0% 1.4153 1.6651 94.34 134.57


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

2 Responses to “Forex Technical Analysis for 08/17—08/21 Week”

  1. giveme

    when is the entry point

    Reply

    Andrei Reply:

    You can enter position whenever one of the support/resistance levels is broken.

    Reply

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