Forex Blog

First-hand Forex trading experience and information about foreign exchange market that will be useful to traders

Archives

Forex Technical Analysis for Week 05/07—05/11

May 5, 2012 by
Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.2810 1.2944 1.3014 1.3148 1.3218 1.3352 1.3422
GBP/USD 1.5929 1.6035 1.6090 1.6196 1.6251 1.6357 1.6412
USD/JPY 78.46 79.04 79.44 80.02 80.42 81.00 81.40
EUR/JPY 101.59 102.99 103.73 105.13 105.87 107.27 108.01
GBP/JPY 126.17 127.50 128.21 129.54 130.25 131.58 132.29

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.2928 1.2981 1.3132 1.3185 1.3336
GBP/USD 1.6022 1.6066 1.6183 1.6227 1.6344
USD/JPY 79.00 79.34 79.98 80.32 80.96
EUR/JPY 102.83 103.40 104.97 105.54 107.11
GBP/JPY 127.35 127.90 129.39 129.94 131.43

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.2971 1.3027 1.3046 1.3064 1.3102 1.3120 1.3139 1.3195
GBP/USD 1.6057 1.6102 1.6116 1.6131 1.6161 1.6176 1.6190 1.6235
USD/JPY 79.29 79.56 79.65 79.74 79.92 80.01 80.10 80.37
EUR/JPY 103.29 103.88 104.08 104.27 104.67 104.86 105.06 105.65
GBP/JPY 127.80 128.36 128.55 128.73 129.11 129.29 129.48 130.04

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
Resistance 1.3183 1.6224 80.22 105.50 129.90
Support 1.2979 1.6063 79.24 103.36 127.86

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
100.0% 1.3283 1.6301 80.61 106.53 130.87
61.8% 1.3205 1.6239 80.24 105.71 130.09
50.0% 1.3181 1.6221 80.12 105.46 129.85
38.2% 1.3157 1.6202 80.00 105.21 129.61
23.6% 1.3127 1.6178 79.86 104.90 129.31
0.0% 1.3079 1.6140 79.63 104.39 128.83


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

Leave a Reply

required
required (will not be published)
optional