Technical Analysis – Page 7

November 11
2018

CAD/CHF Consolidated in Symmetrical Triangle After Rally

The Canadian dollar has formed a symmetrical triangle pattern versus the Swiss franc, which is especially visible on daily timeframe. The pattern follows an upswing and suggests a continuation of the bullish trend in case of a topside breakout. The borders of the triangle are marked with the yellow lines on the image below. My potential entry level is marked with the cyan line, which is placed at 10% of the triangle’s base width above the upper border. My take-profit will be […]

November 10
2018

Weekly Forex Technical Analysis (Nov 12 — Nov 16)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1083 1.1199 1.1267 1.1383 1.1451 1.1567 1.1634 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1187 1.1242 1.1371 1.1426 1.1555 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

November 3
2018

Weekly Forex Technical Analysis (Nov 5 — Nov 9)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1153 1.1227 1.1307 1.1381 1.1460 1.1535 1.1614 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1228 1.1309 1.1382 1.1463 1.1536 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

October 27
2018

Weekly Forex Technical Analysis (Oct 29 — Nov 2)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1094 1.1215 1.1308 1.1429 1.1523 1.1644 1.1737 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1208 1.1295 1.1422 1.1509 1.1637 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

October 20
2018

Weekly Forex Technical Analysis (Oct 22 — Oct 26)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1236 1.1334 1.1424 1.1523 1.1613 1.1711 1.1801 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1332 1.1420 1.1520 1.1608 1.1709 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

October 13
2018

Weekly Forex Technical Analysis (Oct 15 — Oct 19)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1278 1.1355 1.1457 1.1533 1.1635 1.1712 1.1813 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1361 1.1469 1.1540 1.1648 1.1718 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

October 6
2018

Weekly Forex Technical Analysis (Oct 8 — Oct 12)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1288 1.1376 1.1450 1.1537 1.1611 1.1698 1.1772 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1372 1.1443 1.1534 1.1604 1.1695 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

September 29
2018

Weekly Forex Technical Analysis (Oct 1 — Oct 5)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1264 1.1417 1.1509 1.1662 1.1755 1.1908 1.2000 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1402 1.1479 1.1647 1.1725 1.1893 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

September 22
2018

Weekly Forex Technical Analysis (Sep 24 — Sep 28)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1462 1.1540 1.1647 1.1725 1.1832 1.1909 1.2016 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1547 1.1661 1.1732 1.1846 1.1917 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

September 16
2018

GBP/CHF Is Ready to Switch to Uptrend with Help of Bullish Pennant

The daily chart of the GBP/CHF currency pair is showing a classic version of a well-formed bullish pennant pattern. It appears exactly at the bottom (as of now) of a major downtrend, which lasts since mid-April. Luckily, a pennant can be traded irrespective of the preceding trend. On the image below, you can see the pattern marked with the yellow lines. My potential entry level is marked with the cyan line. It is placed at 10% of the pole’s […]