Technical Analysis – Page 12

March 4
2018

British Pound in Uptrend Consolidation vs. Aussie

A rather short-lived uptrend on the GBP/AUD daily chart that lasted from January 11 through February 8 has ended in a consolidation pattern known as a symmetrical triangle. The triangle is a continuation formation, which would prompt us to buy the currency pair should the bullish breakout occur. The image below shows the triangle’s sides marked with the yellow lines. My potential entry level is marked with the cyan line — it is […]

March 3
2018

Weekly Forex Technical Analysis (Mar 5 — Mar 9)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1997 1.2076 1.2197 1.2276 1.2397 1.2476 1.2598 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.2086 1.2218 1.2287 1.2419 1.2487 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

February 24
2018

Weekly Forex Technical Analysis (Feb 26 — Mar 2)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.2048 1.2154 1.2224 1.2329 1.2399 1.2505 1.2575 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.2145 1.2206 1.2320 1.2381 1.2496 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

February 17
2018

Weekly Forex Technical Analysis (Feb 19 — Feb 23)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1925 1.2080 1.2245 1.2400 1.2566 1.2721 1.2886 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.2082 1.2250 1.2403 1.2571 1.2723 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

February 10
2018

Weekly Forex Technical Analysis (Feb 12 — Feb 16)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1876 1.2041 1.2145 1.2310 1.2415 1.2580 1.2684 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.2025 1.2115 1.2295 1.2385 1.2564 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

February 4
2018

AUD/JPY Reverses Direction on Double Top Formation

The recent uptrend on the daily AUD/JPY chart was in no way a very long-term one, running from late November 2017 through early January 2018. In just a few days it has formed a perfectly valid double top pattern with two distinctive peaks on January 8 and January 23. The most recent price action (Friday) suggests significant weakness in the Aussie and quite some strength in the Japanese yen. You can […]

February 3
2018

Weekly Forex Technical Analysis (Feb 5 — Feb 9)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.2166 1.2250 1.2353 1.2438 1.2540 1.2625 1.2728 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.2255 1.2362 1.2442 1.2550 1.2629 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

January 27
2018

Weekly Forex Technical Analysis (Jan 29 — Feb 2)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1924 1.2069 1.2248 1.2393 1.2572 1.2717 1.2895 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.2077 1.2264 1.2401 1.2588 1.2725 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

January 20
2018

Weekly Forex Technical Analysis (Jan 22 — Jan 26)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1993 1.2079 1.2151 1.2237 1.2309 1.2395 1.2467 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.2075 1.2143 1.2233 1.2301 1.2391 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

January 13
2018

Weekly Forex Technical Analysis (Jan 15 — Jan 19)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1701 1.1808 1.2004 1.2111 1.2307 1.2414 1.2610 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1831 1.2049 1.2134 1.2352 1.2437 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]