Subscribe to RSS

Forex Pivot Points and Forex Technical Analysis 12/08/2015

Daily technical analysis for major currency pairs, main support and resistance levels and intra-day trading strategies based on same day Pivot Points.

EURUSD – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 1.1030$ with targets at 1.1100$ next 1.1160$ in extension.

Alternatively, Short positions below the daily pivot point 1.1030$ with targets at 1.0970$ next 1.0900 in extension.

EURUSD – Daily Chart Support and Resistance levels

Resistance: 1.1090, 1.1115, 1.1135, 1.1220, 1.1285, 1.1350
Support: 1.1015, 1.0895, 1.0845, 1.0805, 1.0720, 1.0660, 1.0520

GBPUSD – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 1.5585$ with targets at 1.5615$ next 1.5650$ in extension.

Alternatively, Bearish Scenario: Short positions below the daily pivot point 1.5585$ with targets at 1.5550$ next 1.5520$ in extension.

GBPUSD – Daily Chart Support and Resistance levels

Resistance: 1.5650, 1.5690, 1.5815, 1.5930, 1.6000
Support: 1.5500, 1.5455, 1.5425, 1.5330, 1.5160, 1.5080

USDCHF – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 0.9860 with targets at 0.9920 next 0.9965 in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 0.9860 with targets at 0.9820 next 0.9755 in extension.

USDCHF – Daily Chart Support and Resistance levels

Resistance: 0.9900, 0.9970, 1.0000 
Support: 0.9720, 0.9635, 0.9595, 0.9520, 0.9405, 0.9350

USDJPY – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 124.95 with targets at 125.35 next 125.60 in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 124.95 with targets at 124.70 next 124.30 in extension.

USDJPY – Daily Chart Support and Resistance levels

Resistance: 125.50, 125.80, 126.00
Support: 125.00, 124.05, 123.50, 123.00, 122.40, 121.90

USDCAD – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 1.3090 with targets at 1.3195 next 1.3290 in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 1.3090 with targets at 1.2995 next 1.2890 in extension.

USDCAD – Daily Chart Support and Resistance levels

Resistance: 1.3185, 1.3215, 1.3310
Support: 1.3050, 1.2985, 1.2930, 1.2855, 1.2820, 1.2645

AUDUSD – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 0.7345 with targets at 0.7410 next 0.7505 in extension. 

Alternatively, Bearish scenario: Short positions below the daily pivot point 0.7345 with targets at 0.7250 next 0.7190 in extension.

AUDUSD – Daily Chart Support and Resistance levels

Resistance: 0.7315, 0.7450, 0.7500, 0.7595, 0.7630, 0.7740
Support: 0.7230, 0.7170, 0.7080, 0.7000, 0.6980

NZDUSD – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 0.6565 with targets at 0.6615 next 0.6680 extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 0.6565 with targets at 0.6500 next 0.6450 in extension.

NZDUSD – Daily Chart Support and Resistance levels

Resistance: 0.6620, 0.6695, 0.6740, 0.6770, 0.6815, 0.6860
Support: 0.6465, 0.6380, 0.6320, 0.6275

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.

0 commentsback to post

Add your comment

Nickname:
E-mail:
Website:
Comment:

Other articlesgo to homepage

Get 30% to 250% Forex Exclusive Bonuses – Insta Forex

Get 30% to 250% Forex Exclusive Bonuses – Insta Forex(0)

Get 30% to 250% Forex Exclusive bonuses on 1st deposit of reduction on one instrument of your choice. Every InstaForex client can get the 30% to 250% Exclusive bonuses from the deposited sum. Link:  Get 250% Bonus for First Deposit Link:  100% Special Deposit Bonus Promo Link:  $500 Forex No Deposit Free Bonus Link:  $1000

Receive $7 Forex Free No Deposit Welcome Bonus – FXCL

Receive $7 Forex Free No Deposit Welcome Bonus – FXCL(0)

Receive $7 Forex Free No Deposit Welcome Bonus the best start of your Forex Trading Career. The $7 Forex Free No Deposit Welcome Bonus Simply follow us on Facebook and Receive your reward straight to the balance of your live account without making any deposits. Link: Receive $7 No Deposit Forex Bonus Available to: All

Traders Party Hanoi Special Event Promotion – FBS

Traders Party Hanoi Special Event Promotion – FBS(0)

FBS Traders Party Hanoi Special Event Promotions Traders Party for Vietnamese clients. Make a deposit of no less than $500 and trade at least One lot Hurry, the seats are limited. Link:  Traders Party Hanoi Promotions Link:  $123 Forex No Deposit Bonus Promo Link:  $77.7 Free No Deposit Lucky Bonus Link:  $88.8 No Deposit Forex

$50 Free No Deposit Required Bonus Promotion – UFX

$50 Free No Deposit Required Bonus Promotion – UFX(0)

Get $50 Free No Deposit Required Bonus Explore all the mysteries of Forex Trading with free $50. Get your FREE $50 and start trading Special Bonus Promotion Trading is simple and it’s on us. Link:  100% Real Money CashBack Promotion Link:  $50 Forex No Deposit Bonus Promotion Link:  $50 Free No Deposit Bitcoin Bonus Link: 

Up to $1000 Bonus on all Deposits – Fort Financial Services

Up to $1000 Bonus on all Deposits – Fort Financial Services(0)

Up to 50% Bonus of Every Deposit to All New and Existing Traders. You Deposited $1000 on your account, chose a 50% bonus and got 500 extra dollars to the initial deposit amount. Link: Up to 50% Bonus of Every Deposit Link: $5 Forex No Deposit Welcome Bonus Link: 15% Support Margin Bonus Link:  Profit

Free $30 Earn Trade-able Trading Credit Bonus – Forex Time

Free $30 Earn Trade-able Trading Credit Bonus – Forex Time(0)

Switch to ForexTime and Free $30 Earn Trade-able Trading Credit Bonus. Join the hundreds of thousands of traders around the world who have already chosen ForexTime as a broker and Free Earn $30 Trade-able Trading Credit Bonus as a thank you for switching. Link:  Receive $30 Tradeable Credit Bonus Link:  Loyalty Cashback Promotions Link:  FX

$100 Risk Free Money on your Live Account – FidelisCM

$100 Risk Free Money on your Live Account – FidelisCM(0)

Get $100 Free Risk Forex Money on your Live Account There is no better way to trust more. Sign up for $100  No Deposit Bonus from FidelisCM Live Account and start forex trading now. Link: $100 Free No Deposit Forex Bonus Link: 200% Margin Bonus on all Deposit Available to: New and Existing clients Ending

$14000 New Accounts Bonus on Initial Deposits – AvaTrade

$14000 New Accounts Bonus on Initial Deposits – AvaTrade(0)

Up to $14000 New Accounts Bonus on your Initial Deposits to all new trading account. Open a new live trading account and verify it Make a deposit of no less than $100 and request the New Accounts Bonus. Link:  100% Bonus to Your First Deposit Link:  30% Sign-up Bonus on your Deposit Link:  Up to

Up to 200% Withdrawable Cashback Bonus – Forex Time

Up to 200% Withdrawable Cashback Bonus – Forex Time(0)

Always aims for profitable promotions for FXTM Customer, this time they have come up with a 200% Cashback Rebate Bonus promo which enables traders to earn up to 10,000 USD withdraw able Cashback bonus. Link:  Receive $30 Tradeable Credit Bonus Link:  FX Circuits Live Trading Contest Link:  Demo Forex Trading Contest Link:  Loyalty Cashback Promotions

$2500 Forex No Deposit Free Startup Bonus – InstaForex

$2500 Forex No Deposit Free Startup Bonus – InstaForex(0)

$2500 Free No Deposit Forex Bonus to Start Risk Forex Trading on InstaForex.com‎. With $2500 Free Forex Bonus you will be able to estimate our unsurpassed quality of order execution in live trading conditions with no risk and personal investments. Link:  Up to $5000 No Deposit Free Bonus Link:  $500 Forex No Deposit Free Bonus

read more

Forex Featured Broker

Contacts and information

ForexDepositNews.com Forex Deposit Bonus, Forex No Deposit Bonus, Forex Live Contest, Forex Demo Contest, Free Forex Bonus Forex Brokers Review and Other All Forex promotions.

ForexDepositNews.com

Social networks

Most popular categories