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Sunday, May 20, 2007

EUR/USD Technical Analysis for 5/21-5/25

General trend: bearish.

Floor pivot points:
3rd Sup__2nd Sup__1st Sup__Pivot____1st Res__2nd Res__3rd Res
1.3303___1.3384___1.3446___1.3527__1.3589___1.3670___1.3732

Woodie's pivot points:
2nd Sup__1st Sup__Pivot____1st Res__2nd Res
1.3379___1.3437___1.3522___1.3580__1.3665

Camarilla pivot points:
4th Sup__3rd Sup__2nd Sup__1st Sup__1st Res__2nd Res__3rd Res__4th Res
1.3429___1.3469___1.3482___1.3495__1.3521___1.3534___1.3547___1.3587

Tom DeMark's pivot points:
Resistance: 1.3558
Support: 1.3415

Fibonacci retracement levels:
100% - 1.3608
61,8% - 1.3553
50,0% - 1.3537
38,2% - 1.3520
23,6% - 1.3499
00,0% - 1.3465

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