Technical Analysis – Page 9

July 22
2018

EUR/USD Formed Symmetrical Triangle on Daily Chart

The consolidation phase, which the EUR/USD currency pair has entered following a rapid downtrend in April, lasts for quite a long time now. Its apparent symmetrical triangle form promises an interesting opportunity for shorting EUR/USD once the downside breakout occurs. You can see the sides of the triangle marked with the yellow lines. The potential entry level is at the cyan line, which is placed at 10% of the triangle’s base width below the lower […]

July 21
2018

Weekly Forex Technical Analysis (Jul 23 — Jul 27)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1446 1.1510 1.1616 1.1680 1.1785 1.1850 1.1955 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1520 1.1636 1.1690 1.1806 1.1860 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

July 14
2018

Weekly Forex Technical Analysis (Jul 16 — Jul 20)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1424 1.1518 1.1602 1.1696 1.1780 1.1874 1.1958 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1516 1.1597 1.1694 1.1775 1.1872 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

July 8
2018

EUR/AUD Consolidated in Symmetrical Triangle Following Uptrend

If you look at the four-hour chart of EUR/AUD, you can notice that the currency pair had spent roughly a month in an uptrend. The growth stalled near the end of June and has formed a rather smooth symmetrical triangle pattern since then. Such a classic continuation setup allows us to attempt catching a bullish breakout from the triangle. The symmetrical triangle is marked with yellow borders. You can see a potential entry […]

July 8
2018

Bullish Pennant on Daily Chart of CAD/JPY

After a strong rally during June 28–29 trading session, CAD/JPY entered a minor consolidation. The formed pattern looks like a bullish pennant albeint an imperfect one (there is a slight upward slope). A bullish breakout would mean a continuation of the previous rally. The yellow lines mark the pole and the borders of the pennant. The cyan line will serve as my entry level. It is placed at 10% of the pole’s length above the upper border. I will […]

July 7
2018

Weekly Forex Technical Analysis (Jul 9 — Jul 13)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1457 1.1524 1.1634 1.1701 1.1811 1.1878 1.1987 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1535 1.1655 1.1712 1.1832 1.1888 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

June 30
2018

Weekly Forex Technical Analysis (Jul 2 — Jul 6)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1373 1.1450 1.1567 1.1644 1.1760 1.1837 1.1953 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1460 1.1586 1.1653 1.1780 1.1847 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

June 23
2018

Weekly Forex Technical Analysis (Jun 25 — Jun 29)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1382 1.1445 1.1550 1.1612 1.1717 1.1779 1.1884 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1456 1.1570 1.1623 1.1737 1.1790 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

June 16
2018

Weekly Forex Technical Analysis (Jun 18 — Jun 22)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1174 1.1358 1.1483 1.1667 1.1792 1.1976 1.2101 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1343 1.1453 1.1652 1.1761 1.1961 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]

June 9
2018

Weekly Forex Technical Analysis (Jun 11 — Jun 15)

EUR/USD Floor pivot points 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res 1.1481 1.1567 1.1668 1.1754 1.1855 1.1941 1.2042 Woodie’s pivot points 2nd Sup 1st Sup Pivot 1st Res 2nd Res 1.1571 1.1676 1.1758 1.1863 1.1945 Camarilla pivot points 4th Sup 3rd Sup 2nd Sup 1st Sup 1st Res 2nd […]