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Forex Technical Analysis for 12/03—12/07 Week

December 1, 2007 (Last updated on December 3, 2009) by

EUR/USD trend: sell.
GBP/USD trend: sell.
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 1.4258 1.4443 1.4537 1.4722 1.4816 1.5001 1.5095
GBP/USD 2.0154 2.0343 2.0453 2.0642 2.0752 2.0941 2.1051
USD/JPY 104.52 105.87 108.53 109.88 112.54 113.89 116.55
EUR/JPY 155.66 157.51 160.13 161.98 164.60 166.45 169.07

Woodie’s Pivot Points:
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.4420 1.4492 1.4699 1.4771 1.4978
GBP/USD 2.0343 2.0453 2.0642 2.0752 2.0941
USD/JPY 105.87 108.53 109.88 112.54 113.89
EUR/JPY 157.51 160.13 161.98 164.60 166.45

Camarilla Pivot Points:
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.4478 1.4554 1.4580 1.4605 1.4657 1.4682 1.4708 1.4784
GBP/USD 2.0398 2.0480 2.0507 2.0535 2.0589 2.0617 2.0644 2.0726
USD/JPY 108.99 110.10 110.46 110.83 111.57 111.94 112.30 113.41
EUR/JPY 160.28 161.51 161.92 162.33 163.15 163.56 163.97 165.20

Tom DeMark’s Pivot Points:
Pair: EUR/USD GBP/USD USD/JPY EUR/JPY
Resistance: 1.4769 2.0847 113.22 165.53
Support: 1.4490 2.0548 109.21 161.06

Fibonacci Retracement Levels:
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY
100.0% 1.4907 2.0832 111.22 163.84
61.8% 1.4800 2.0718 109.69 162.13
50.0% 1.4768 2.0683 109.22 161.61
38.2% 1.4735 2.0647 108.74 161.08
23.6% 1.4694 2.0604 108.16 160.42
0.0% 1.4628 2.0533 107.21 159.37

2 Responses to “Forex Technical Analysis for 12/03—12/07 Week”

  1. David

    Although I am a longer term EUR bull I like the pair for a short term sell here. I would look for it to get held up around 1.44 though as that is the 50 day SMA converging with the lower bollinger band on the daily chart.

    Best,
    Dave
    InformedTrades

    Reply

  2. forex day trading

    You have a nice blog but you should create more topics, don’t you think? Anyway great forex blog
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