Forex Pivot Points and Technical Analysis 18/02/2015

February 18, 2015

EURUSD - Day Trading Strategies

Bearish scenario: Short positions below the daily pivot point 1.1390$ with targets at 1.1335$ next 1.1265$ in extension.
Alternatively, Bullish scenario: Long positions above the daily pivot point 1.1390$ with targets at 1.1460$ next 1.1520$ in extension.

EURUSD - Daily Chart Support and Resistance levels

Resistance: 1.1445, 1.1500, 1.1540, 1.1650, 1.1680, 1.1755, 1.1870
Support: 1.1270, 1.1115, 1.1080 , 1.1020, 1.0980

GBPUSD - Day Trading Strategies

Bearish Scenario: Short positions below the daily pivot point 1.5355$ with targets at 1.5310$ next 1.5270$ in extension.
Alternatively, Bullish scenario: Long positions above the daily pivot point 1.5375$ with targets at 1.5395$ next 1.5445$ in extension.

GBPUSD - Daily Chart Support and Resistance levels

Resistance: 1.5440, 1.5485, 1.5540, 1.5620, 1.5680, 1.5785
Support: 1.5315, 1.5195, 1.4990, 1.4950, 1.4880, 1.4770

USDCHF - Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 0.9340 with targets at 0.9395 next 0.9425 in extension.
Alternatively, Bearish scenario: Short positions below the daily pivot point 0.9340 with targets at 0.9310 next 0.9260 in extension.

USDCHF - Daily Chart Support and Resistance levels

Resistance: 0.9345, 0.9550
Support: 0.8835, 0.8495, 0.8325, 0.8270

USDJPY - Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 118.95 with targets at 119.65 next 120.15 in extension.
Alternatively, Bearish scenario: Short positions below the daily pivot point 118.95 with targets at 118.50 next 117.80 in extension.

USDJPY - Daily Chart Support and Resistance levels

Resistance: 120.50, 120.75, 121.70
Support: 118.00, 116.85, 115.85, 115.50

USDCAD - Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 1.2410 with targets at 1.2460 next 1.2530 in extension.
Alternatively, Bearish scenario: Short positions below the daily pivot point 1.2410 with targets at 1.2340 next 1.2290 in extension.

USDCAD - Daily Chart Support and Resistance levels

Resistance: 1.2700, 1.2790, 1.2810, 1.2920, 1.3000
Support: 1.2350, 1.2045, 1.2020, 1.1875, 1.1795, 1.1670 

AUDUSD - Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 0.7795 with targets at 0.7845 next 0.7880 in extension.
Alternatively, Bearish scenario: Short positions below the daily pivot point 0.77795 with targets at 0.7755 next 0.7700 in extension.

AUDUSD - Daily Chart Support and Resistance levels

Resistance: 0.7880, 0.8035, 0.8090, 0.8160, 0.8295, 0.8375
Support: 0.7625, 0.7580, 0.7460

NZDUSD - Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 0.7525 with targets at 0.7565 next 0.7595 in extension.
Alternatively, Bearish scenario: Short positions below the daily pivot point 0.7525 with targets at 0.7495 next 0.7455 in extension.

NZDUSD - Daily Chart Support and Resistance levels

Resistance: 0.7555, 0.7610, 0.7670, 0.7795, 0.7890
Support:  0.7450, 0.7325, 0.7290, 0.7190, 0.7170, 0.7080

Forex Pivot Points:

Pivot points are very useful tools for FX professional traders that use the previous bars' highs, lows and closings to project potential support and resistance levels for future bars.

Publication source
STOCK.com information  STOCK.com reviews

February 24, 2017
Gold surges to major $1250 resistance as uncertainty prevails
Gold surged Thursday on a breakout of its previous consolidation to hit and slightly exceed major technical resistance at $1250, a level not seen since early November...
February 24, 2017
Dollar falls as peso and gold rally
The U.S. dollar was the weakest currency yesterday as surprisingly, the Mexican peso rallied, rising 1.22% over the day against the greenback...
February 23, 2017
U.S. dollar muted to Fed minutes
The U.S. dollar index was flat yesterday after the Federal Reserve published the meeting minutes from the January 31 -February 1 monetary policy meeting...

FxPro Rating
Fort Financial Services Rating
OctaFX Rating
 FXTM Rating
NPBFX Rating
FXCM Rating

99Binary Rating
OptionFair Rating
First Binary Option Service Rating
Beeoptions Rating
IQ Option Rating
Binary.com Rating