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Forex Technical Analysis for Week 01/17—01/21

January 15, 2011 by

EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.
GBP/JPY trend: sell.

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.2437 1.2655 1.3019 1.3238 1.3602 1.3820 1.4184
GBP/USD 1.5181 1.5328 1.5594 1.5741 1.6008 1.6155 1.6421
USD/JPY 81.24 81.82 82.32 82.90 83.40 83.99 84.48
EUR/JPY 103.98 105.40 108.14 109.56 112.30 113.72 116.45
GBP/JPY 125.58 126.95 129.14 130.50 132.70 134.06 136.25

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.2692 1.3092 1.3274 1.3674 1.3857
GBP/USD 1.5357 1.5654 1.5771 1.6067 1.6184
USD/JPY 81.80 82.28 82.88 83.36 83.96
EUR/JPY 105.73 108.80 109.89 112.95 114.04
GBP/JPY 127.15 129.55 130.71 133.11 134.27

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3063 1.3223 1.3276 1.3330 1.3436 1.3490 1.3543 1.3703
GBP/USD 1.5633 1.5747 1.5785 1.5823 1.5898 1.5936 1.5974 1.6088
USD/JPY 82.22 82.52 82.62 82.72 82.92 83.02 83.12 83.41
EUR/JPY 108.59 109.73 110.11 110.49 111.26 111.64 112.02 113.16
GBP/JPY 129.37 130.35 130.68 131.00 131.66 131.98 132.31 133.29

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
Resistance 1.3711 1.6081 83.15 113.01 133.38
Support 1.3129 1.5668 82.07 108.85 129.82

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
100.0% 1.3456 1.5888 83.49 110.98 131.87
61.8% 1.3234 1.5730 83.08 109.39 130.51
50.0% 1.3165 1.5681 82.95 108.90 130.09
38.2% 1.3096 1.5633 82.82 108.41 129.67
23.6% 1.3011 1.5572 82.66 107.80 129.15
0.0% 1.2874 1.5475 82.41 106.82 128.31


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

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