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Forex Technical Analysis for Week 05/19–05/23

May 17, 2014 by
Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.3512 1.3580 1.3638 1.3706 1.3765 1.3833 1.3891
GBP/USD 1.6562 1.6647 1.6732 1.6817 1.6903 1.6988 1.7074
USD/JPY 100.06 100.68 101.11 101.73 102.15 102.78 103.20
EUR/JPY 136.09 137.43 138.25 139.59 140.42 141.76 142.58
GBP/JPY 167.13 168.64 169.70 171.21 172.27 173.78 174.84

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.3577 1.3634 1.3704 1.3760 1.3830
GBP/USD 1.6647 1.6733 1.6818 1.6903 1.6988
USD/JPY 100.63 101.01 101.68 102.05 102.73
EUR/JPY 137.30 137.99 139.46 140.16 141.63
GBP/JPY 168.53 169.48 171.10 172.05 173.67

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.3628 1.3662 1.3674 1.3686 1.3709 1.3720 1.3732 1.3767
GBP/USD 1.6724 1.6771 1.6787 1.6802 1.6834 1.6849 1.6865 1.6912
USD/JPY 100.95 101.24 101.34 101.43 101.63 101.72 101.82 102.11
EUR/JPY 137.88 138.48 138.68 138.88 139.27 139.47 139.67 140.27
GBP/JPY 169.35 170.06 170.29 170.53 171.00 171.24 171.47 172.18

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
Resistance 1.3736 1.6860 101.94 140.00 171.74
Support 1.3609 1.6690 100.90 137.84 169.17

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
100.0% 1.3774 1.6902 102.35 140.93 172.72
61.8% 1.3726 1.6837 101.95 140.11 171.74
50.0% 1.3711 1.6817 101.83 139.85 171.44
38.2% 1.3696 1.6797 101.71 139.59 171.14
23.6% 1.3677 1.6772 101.55 139.28 170.76
0.0% 1.3648 1.6732 101.31 138.77 170.15


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

4 Responses to “Forex Technical Analysis for Week 05/19–05/23”

  1. Ali Abdulsalam

    Hello, please what does Sup means?

    Reply

    Andriy Moraru Reply:

    Sup = Support
    Res = Resistance

    Reply

  2. Forex Trading

    Hi pivot points are placed on 1 hour charts and changes daily right? May I ask how did you determine the pivot point for May 23 when its just May 22 now?

    Reply

    Andriy Moraru Reply:

    Those are weekly pivot points, determined for the upcoming week based on the previous week.

    Reply

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