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Forex Technical Analysis for Week 08/30—09/03

August 28, 2010 (Last updated on August 30, 2010) by

EUR/USD trend: hold.
GBP/USD trend: hold.
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 1.2448 1.2518 1.2639 1.2709 1.2830 1.2900 1.3022
GBP/USD 1.5146 1.5259 1.5392 1.5505 1.5638 1.5751 1.5884
USD/JPY 81.90 82.74 83.97 84.82 86.05 86.89 88.12
EUR/JPY 103.01 104.22 106.47 107.68 109.93 111.14 113.39
GBP/JPY 125.05 126.92 129.60 131.46 134.14 136.01 138.69

Woodie’s Pivot Points
Pair 2nd Sup 1st Sup Pivot 1st Res 2nd Res
EUR/USD 1.2531 1.2665 1.2722 1.2856 1.2913
GBP/USD 1.5264 1.5402 1.5510 1.5648 1.5756
USD/JPY 82.84 84.16 84.91 86.24 86.99
EUR/JPY 104.48 106.99 107.94 110.45 111.40
GBP/JPY 127.12 130.00 131.67 134.55 136.21

Camarilla Pivot Points
Pair 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd Res 3rd Res 4th Res
EUR/USD 1.2655 1.2708 1.2726 1.2743 1.2778 1.2796 1.2813 1.2866
GBP/USD 1.5390 1.5457 1.5480 1.5502 1.5548 1.5570 1.5593 1.5660
USD/JPY 84.06 84.63 84.82 85.01 85.39 85.58 85.77 86.34
EUR/JPY 106.82 107.77 108.09 108.40 109.04 109.36 109.67 110.62
GBP/JPY 129.78 131.03 131.44 131.86 132.69 133.11 133.53 134.78

Tom DeMark’s Pivot Points
Pair EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
Resistance 1.2770 1.5572 85.43 108.80 132.80
Support 1.2579 1.5326 83.36 105.35 128.26

Fibonacci Retracement Levels
Pairs EUR/USD GBP/USD USD/JPY EUR/JPY GBP/JPY
100.0% 1.2779 1.5618 85.66 108.89 133.33
61.8% 1.2706 1.5524 84.87 107.57 131.59
50.0% 1.2684 1.5495 84.63 107.16 131.06
38.2% 1.2661 1.5466 84.38 106.75 130.52
23.6% 1.2633 1.5430 84.08 106.25 129.86
0.0% 1.2588 1.5372 83.59 105.43 128.78


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

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