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Forex Technical Analysis for Week 08/02—08/06

July 31, 2010 (Last updated on August 2, 2010) by

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

Floor Pivot Points
Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res
EUR/USD 1.2683 1.2779 1.2914 1.3010 1.3145 1.3241 1.3376
GBP/USD 1.5168 1.5288 1.5480 1.5601 1.5793 1.5913 1.6105
USD/JPY 83.36 84.65 85.53 86.82 87.71 89.00 89.88
EUR/JPY 108.91 110.47 111.62 113.18 114.33 115.89 117.03
GBP/JPY 130.46 132.32 133.83 135.69 137.20 139.06 140.57

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.2789 1.2933 1.3020 1.3164 1.3251
GBP/USD 1.5306 1.5516 1.5619 1.5829 1.5931
USD/JPY 84.55 85.33 86.72 87.50 88.90
EUR/JPY 110.37 111.41 113.08 114.12 115.78
GBP/JPY 132.23 133.66 135.61 137.03 138.98

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.2921 1.2985 1.3006 1.3027 1.3069 1.3091 1.3112 1.3175
GBP/USD 1.5501 1.5586 1.5615 1.5644 1.5701 1.5730 1.5758 1.5844
USD/JPY 85.22 85.82 86.02 86.22 86.62 86.82 87.01 87.61
EUR/JPY 111.28 112.02 112.27 112.52 113.02 113.26 113.51 114.26
GBP/JPY 133.49 134.41 134.72 135.03 135.65 135.96 136.27 137.20

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
Resistance 1.3078 1.5697 88.35 113.75 136.45
Support 1.2847 1.5384 86.18 111.04 133.08

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
100.0% 1.3107 1.5721 88.12 114.74 137.55
61.8% 1.3019 1.5602 87.28 113.70 136.27
50.0% 1.2991 1.5565 87.03 113.38 135.87
38.2% 1.2964 1.5528 86.77 113.06 135.47
23.6% 1.2930 1.5482 86.45 112.67 134.98
0.0% 1.2876 1.5409 85.94 112.03 134.18


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

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