Technical Analysis – Page 13

January 6
2018

Weekly Forex Technical Analysis (Jan 8 — Jan 12)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1903 1.1952 1.1991 1.2040 1.2079 1.2128 1.2167 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1949 1.1986 1.2037 1.2074 1.2126 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

December 30
2017

Weekly Forex Technical Analysis (Jan 1 — Jan 5)

start: EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1713 1.1780 1.1892 1.1959 1.2071 1.2138 1.2250 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1791 1.1915 1.1970 1.2094 1.2149 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res […]

December 24
2017

GBP/USD in Month-Long Symmetrical Triangle on H4

The 4-hour timeframe chart of the GBP/USD currency pair is currently showing a long-term consolidation that took a form of a symmetrical triangle pattern. As the formation follows the ascending trend, an upside breakout from the triangle will offer a valid buy trading signal for the pound. If you look at the chart below, the yellow lines mark the triangle itself. The cyan line is where my own entry point will be in case of a breakout. The line is […]

December 23
2017

Weekly Forex Technical Analysis (Dec 25 — Dec 29)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1602 1.1670 1.1766 1.1834 1.1931 1.1998 1.2095 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1677 1.1781 1.1841 1.1945 1.2006 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

December 21
2017

AUD/USD in a Tight Bullish Pennant on Daily Chart

AUD/USD is currently consolidating inside a perfect example of a bullish pennant pattern. The daily chart shows that after four days of rally, the currency pair stalled and is now trading in a narrowing range for five days in a row. The pennant itself is marked with the yellow lines on the image below. The cyan line is my entry level in case of a bullish breakout. It is placed at 10% of the pennant’s width above the upper border. […]

December 16
2017

Weekly Forex Technical Analysis (Dec 18 — Dec 22)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1546 1.1632 1.1691 1.1777 1.1836 1.1922 1.1981 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1625 1.1678 1.1770 1.1823 1.1915 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

December 10
2017

GBP/CAD Reverses to Form Double Bottom on Weekly

Following a failed descending triangle formation, the pound is now clearly trying to reverse its long-term trend versus the Canadian dollar. The impending switch to an uptrend is signaled by the double bottom pattern on the weekly timeframe. You can see the bottoms and the neckline marked by the yellow lines on the chart below. The cyan line is my entry level positioned at 10% of the pattern’s height above the neckline. The green line represents my potential take-profit level and is […]

December 9
2017

Weekly Forex Technical Analysis (Dec 11 — Dec 15)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1561 1.1646 1.1709 1.1794 1.1858 1.1942 1.2006 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1640 1.1699 1.1789 1.1847 1.1937 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

December 2
2017

Weekly Forex Technical Analysis (Dec 4 — Dec 8)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1661 1.1735 1.1814 1.1887 1.1966 1.2040 1.2118 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1736 1.1816 1.1888 1.1968 1.2041 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

November 25
2017

Weekly Forex Technical Analysis (Nov 27 — Dec 1)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1548 1.1631 1.1780 1.1862 1.2011 1.2093 1.2242 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1647 1.1813 1.1879 1.2044 1.2110 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]