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Forex Technical Analysis for Week 04/26—04/30

April 24, 2010 (Last updated on April 26, 2010) by

EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: hold.
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 1.2894 1.3048 1.3216 1.3369 1.3537 1.3691 1.3858
GBP/USD 1.4937 1.5064 1.5219 1.5346 1.5500 1.5627 1.5781
USD/JPY 89.52 90.56 92.25 93.29 94.99 96.02 97.72
EUR/JPY 121.03 122.10 123.93 124.99 126.82 127.88 129.71
GBP/JPY 135.59 137.48 140.96 142.85 146.33 148.22 151.69

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.3051 1.3223 1.3373 1.3544 1.3694
GBP/USD 1.5071 1.5232 1.5353 1.5514 1.5634
USD/JPY 90.72 92.59 93.46 95.32 96.19
EUR/JPY 122.29 124.31 125.18 127.20 128.07
GBP/JPY 137.88 141.74 143.25 147.11 148.62

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3207 1.3295 1.3325 1.3354 1.3413 1.3442 1.3472 1.3560
GBP/USD 1.5218 1.5296 1.5321 1.5347 1.5399 1.5425 1.5450 1.5528
USD/JPY 92.45 93.20 93.45 93.70 94.20 94.45 94.70 95.45
EUR/JPY 124.17 124.96 125.23 125.49 126.02 126.29 126.55 127.35
GBP/JPY 141.48 142.95 143.44 143.94 144.92 145.41 145.90 147.38

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
Resistance 1.3614 1.5423 94.14 127.35 144.59
Support 1.3292 1.5141 91.41 124.46 139.22

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
100.0% 1.3523 1.5473 94.33 126.05 144.75
61.8% 1.3400 1.5365 93.28 124.94 142.70
50.0% 1.3362 1.5332 92.96 124.60 142.07
38.2% 1.3324 1.5299 92.64 124.26 141.43
23.6% 1.3277 1.5258 92.24 123.84 140.65
0.0% 1.3201 1.5191 91.59 123.16 139.38


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

3 Responses to “Forex Technical Analysis for Week 04/26—04/30”

  1. matteo

    AVA is really a scam! Stay far from this broker, high spreads, slow running, my expert advisor can not close real-time positions. Also fault the network connection to their server, and you burn the deposit of capital hopeless rollback

    Reply

    Andrei Reply:

    Why write about it here?
    There is a review page for Ava FX, specifically for sharing your opinion about this broker:
    https://www.earnforex.com/forex-brokers/AvaFX

    Reply

  2. matteo

    In AVAFX demo all expert advisor works fine, then in the real account all orderds keep open such long time, cose real-spread dont let ur EA works fine, keep all people far away from that broker!

    Reply

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