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Forex Technical Analysis for Week 05/10—5/14

May 8, 2010 (Last updated on May 10, 2010) by

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

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.1583 1.2049 1.2400 1.2866 1.3217 1.3683 1.4034
GBP/USD 1.3570 1.4022 1.4411 1.4864 1.5252 1.5705 1.6094
USD/JPY 81.00 84.48 88.03 91.51 95.06 98.53 102.09
EUR/JPY 94.78 102.65 109.71 117.58 124.64 132.51 139.57
GBP/JPY 113.38 121.56 128.55 136.73 143.72 151.90 158.89

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.2020 1.2342 1.2837 1.3159 1.3654
GBP/USD 1.4006 1.4379 1.4848 1.5220 1.5689
USD/JPY 84.50 88.07 91.53 95.10 98.55
EUR/JPY 102.45 109.31 117.38 124.24 132.31
GBP/JPY 121.26 127.96 136.43 143.13 151.60

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.2301 1.2526 1.2601 1.2676 1.2826 1.2900 1.2975 1.3200
GBP/USD 1.4337 1.4568 1.4645 1.4722 1.4877 1.4954 1.5031 1.5262
USD/JPY 87.72 89.65 90.30 90.94 92.23 92.87 93.52 95.45
EUR/JPY 108.57 112.67 114.04 115.41 118.15 119.51 120.88 124.99
GBP/JPY 127.20 131.37 132.76 134.15 136.93 138.32 139.71 143.89

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
Resistance 1.3042 1.5058 93.28 121.11 140.22
Support 1.2225 1.4217 86.26 106.18 125.05

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
100.0% 1.3332 1.5316 94.98 125.45 144.91
61.8% 1.3020 1.4995 92.30 119.74 139.11
50.0% 1.2924 1.4896 91.47 117.98 137.32
38.2% 1.2827 1.4796 90.64 116.22 135.53
23.6% 1.2708 1.4674 89.61 114.04 133.31
0.0% 1.2515 1.4475 87.95 110.52 129.73


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

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