Subscribe to RSS

Forex Pivot Points and Forex Technical Analysis 24/08/2015

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 1.1335$ with targets at 1.1440$ next 1.1490$ in extension.

Alternatively, Short positions below the daily pivot point 1.1335$ with targets at 1.1280$ next 1.1175 in extension.

EURUSD – Daily Chart Support and Resistance levels

Resistance: 1.1500, 1.1530, 1.1670, 1.1755, 1.1870
Support: 1.1435, 1.1380, 1.1215, 1.1130, 1.1015, 1.0895, 1.08045

GBPUSD – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 1.5685$ with targets at 1.5710$ next 1.5750$ in extension.

Alternatively, Bearish Scenario: Short positions below the daily pivot point 1.5685$ with targets at 1.5645$ next 1.5615$ in extension.

GBPUSD – Daily Chart Support and Resistance levels

Resistance: 1.5725, 1.5815, 1.5930, 1.6000
Support: 1.5650, 1.5560, 1.5500, 1.5455, 1.5425, 1.5330, 1.516

USDCHF – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 0.9505 with targets at 0.9550 next 0.9640 in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 0.9505 with targets at 0.9415 next 0.9365 in extension.

USDCHF – Daily Chart Support and Resistance levels

Resistance: 0.9520, 0.9675, 0.9720, 0.9800, 0.9905, 0.9970
Support: 0.9325, 0.9240, 0.9150

USDJPY – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 122.40 with targets at 123.00 next 124.10 in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 122.40 with targets at 121.30 next 120.70 in extension.

USDJPY – Daily Chart Support and Resistance levels

Resistance: 122.05, 123.00, 124.60, 125.30
Support: 120.40, 118.85, 118.30, 115.85

USDCAD – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 1.3140 with targets at 1.3235 next 1.3290 in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 1.3140 with targets at 1.3090 next 1.2995 in extension.

USDCAD – Daily Chart Support and Resistance levels

Resistance: 1.3240, 1.3310, 1.3370, 1.3410
Support: 1.3190, 1.3035, 1.2950, 1.2930, 1.2855, 1.2820, 1.2645

AUDUSD – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 0.7235 with targets at 0.7350 next 0.7395 in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 0.7235 with targets at 0.7270 next 0.7235 in extension.

AUDUSD – Daily Chart Support and Resistance levels

Resistance: 0.7410, 0.7450, 0.7500, 0.7595, 0.7630, 0.7740
Support: 0.7200, 0.7170, 0.7080, 0.7000, 0.6980

NZDUSD – Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 0.6660 with targets at 0.6720 next 0.6770 extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 0.6660 with targets at 0.6615 next 0.6550 in extension.

NZDUSD – Daily Chart Support and Resistance levels

Resistance: 0.6740, 0.6770, 0.6815, 0.6860
Support: 0.6550, 0.6510, 0.6490, 0.6465, 0.6380, 0.6320

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

$300 Free Win Trading Credit on Monday – easyMarkets

$300 Free Win Trading Credit on Monday – easyMarkets(0)

Enter now and you may win $300 easyMarkets free trading credit bonus on Monday. Answer the weekend quiz and fill the form with your correct and accurate contact details. Link:  50% Deposit Bonus Up to $2000 Link:  $300 Free win Trading Credit Bonus Link:  Up to $2500 Earn just for Sharing Available to: All new

$50 Free Binary Bonus No questions asked – Tradeplus

$50 Free Binary Bonus No questions asked – Tradeplus(0)

Get $50 Free Open a free Binary live trading account, deposit and get $50 FREE Bonus – no questions asked! Make your first deposit and you’ll get an extra $50 – no strings attached Link:  $50 Free Bonus No questions asked Available to: All new Customers Ending Date: 31 December 2017 Bonus offer: Get $50

Get 20% Bonus Make $100 Deposit or More – FirewoodFX

Get 20% Bonus Make $100 Deposit or More – FirewoodFX(0)

20% Forex Bonus Make $100 Deposit or More. Bonus can be used as additional margin and equity If you deposit $500, you can hold a losing position up to $600 Link: 20% Bonus Make $100 Deposit or More Available to: All new and existing Bonus Ending Date: 31 December 2017 Bonus offer: 20% Bonus Make

150% Bonus for a First Time to Binary Trading – NordFX

150% Bonus for a First Time to Binary Trading – NordFX(0)

Up to 150% Bonus for a First Time to binary options Account. For a perfect start, we offer you a 150% bonus for a first-time $5,000 deposit. Link:  Up to 150% Bonus for a First Time Link:  100% Withdrawable Deposit Bonus Link:  55% Deposit Bonus Promotion Available to: All new traders Ending Date: 31 December

100% Welcome Bonus Plus Daily Free Signals – Trade12

100% Welcome Bonus Plus Daily Free Signals – Trade12(0)

Get 100% Welcome Deposit Bonus and 7-day risk free trade, Boost your trading with a free 100% Welcome Deposit Bonus to your Live Trading Account. Link:   Get 100% Welcome Bonus Link:  50% Exclusive Deposit Bonus Link:  Free Daily Forex Trading Signals Available to: All new clients Ending Date: 31 December 2017 Bonus Offer: Get

25 Euro Forex No Deposit Welcome Bonus – direktbroker-FX

25 Euro Forex No Deposit Welcome Bonus – direktbroker-FX(0)

25 Euro Forex No Deposit Welcome Bonus to all EU and the UK  live Trading Account Holder. Open a real account direct instead of an demo account first and you will get a 25,- Euro Free. Link:  25 Euro Free Welcome Bonus Available to: All new account Ending Date: 31 December 2017 Bonus offer: 25

Up to $250 Cash in Your Expert Advisor – ThinkMarkets

Up to $250 Cash in Your Expert Advisor – ThinkMarkets(0)

Up to $250 Cash in Your Expert Advisor. Make the Move to Think Trader and Cash in Your Expert Advisor for Up to $250* Link:  Up to $250 in Your Expert Advisor Available to: All new account Ending Date: 31 December 2017 Bonus offer: Up to $250 Cash in Your Expert Advisor Bonus to all new

$30 Forex No Deposit Bonus Welcome Promo – XM

$30 Forex No Deposit Bonus Welcome Promo – XM(0)

$30 Forex  No Deposit Bonus Welcome Promo Bonus and 15% Welcome Deposit Bonus, Welcome Bonus brings Real Account clients the best rewards available. Entering the markets and trading with XM enables you to earn from your trades and build your own bonus up to a maximum of $1,000. Link:  $30 Forex No Deposit Bonus Link: 

50% Re-Deposit & 100% Tradable Bonus – Xtream Forex

50% Re-Deposit & 100% Tradable Bonus – Xtream Forex(0)

50% Re-Deposit Tradable Forex Bonus for all of its traders. Every existing and new trader is eligible for this Re-Deposit Tradable Bonus for depositing into their trading account. Link:  100% Tradable Deposit Bonus Link:  35% Deposit Cash Bonus Link:  50% Re-Deposit Forex Bonus 50% Re-Deposit Forex Bonus XtreamForex is glad to announce 50% re-deposit forex

Free $50 No Deposit Bonus and Start Trading – Trade360

Free $50 No Deposit Bonus and Start Trading – Trade360(0)

$50 Forex No Deposit Bonus is available only once for each client. Every verified user can use $50 No Deposit Bonus and get one or several investment accounts. Link:  $50 Forex No Deposit Required Bonus Link:  $280 CashBack Rewards Program Available to: All new account Ending Date: 31 December 2017 Bonus offer: $50 New No

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