Technical Analysis – Page 8

September 16
2018

AUD/NZD in Ascending Channel Since February

I have last traded an ascending channel pattern back in June of 2017 and it was a major success. The formation on the AUD/NZD daily chart looks solid enough to warrant a new trade setup. The yellow lines on the chart screenshot below mark the channel itself. The cyan line shows the position of my entry order. It is placed at 10% of the channel’s width below the bottom border. The green line will serve as my take-profit level; it is […]

September 15
2018

Weekly Forex Technical Analysis (Sep 17 — Sep 21)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1329 1.1427 1.1525 1.1623 1.1720 1.1819 1.1916 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1427 1.1524 1.1623 1.1720 1.1818 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

September 8
2018

Weekly Forex Technical Analysis (Sep 10 — Sep 14)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1373 1.1451 1.1502 1.1580 1.1631 1.1709 1.1760 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1444 1.1488 1.1573 1.1617 1.1703 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

September 1
2018

Weekly Forex Technical Analysis (Sep 3 — Sep 7)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1397 1.1491 1.1546 1.1640 1.1696 1.1789 1.1845 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1481 1.1528 1.1630 1.1677 1.1780 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

August 26
2018

EUR/USD Can Bounce into Uptrend on Inverse Head-and-Shoulders

The euro has formed an easily detectable inverted head-and-shoulders pattern after its August 9–10 rapid drop against the US dollar. The H4 chart of EUR/USD shows the extra large head compared to rather small shoulders, which might hint at the pattern’s overall weakness. However, it should still be a good trend-reversing setup. Even though it contradicts my earlier bearish trade on EUR/USD, I still plan to execute this trade […]

August 25
2018

Weekly Forex Technical Analysis (Aug 27 — Aug 31)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1219 1.1306 1.1464 1.1552 1.1709 1.1797 1.1955 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1324 1.1499 1.1569 1.1745 1.1815 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

August 18
2018

Weekly Forex Technical Analysis (Aug 20 — Aug 24)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1200 1.1251 1.1344 1.1394 1.1488 1.1538 1.1632 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1261 1.1366 1.1405 1.1510 1.1549 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

August 11
2018

Weekly Forex Technical Analysis (Aug 13 — Aug 17)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1083 1.1236 1.1323 1.1476 1.1563 1.1716 1.1803 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1219 1.1291 1.1459 1.1531 1.1699 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

August 4
2018

Weekly Forex Technical Analysis (Aug 6 — Aug 10)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1317 1.1438 1.1503 1.1624 1.1689 1.1810 1.1874 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1424 1.1474 1.1610 1.1660 1.1796 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

July 28
2018

Weekly Forex Technical Analysis (Jul 30 — Aug 3)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1471 1.1546 1.1601 1.1675 1.1731 1.1805 1.1861 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1541 1.1592 1.1671 1.1721 1.1800 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]