Analysis 01/04/2015 FXTM Online Analysis Department

Forex Pivot Points and Technical Analysis 01/04/2015

FXTM Online Analysis Department. www.fxtmonline.com

Apr 01 2015, 07:00 GMT

Shady Bahouth

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

EURUSD - Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 1.0765$ with targets at 1.0820$ next 1.0900$ in extension.

Alternatively, Short positions below the daily pivot point 1.0765$ with targets at 1.0685$ next 1.0635$ in extension.

EURUSD - Daily Chart Support and Resistance levels

Resistance: 1.1115, 1.1270, 1.1445, 1.1500, 1.1540
Support: 1.0635, 1.0460, 1.0385, 1.0320, 1.0280, 1.0160

GBPUSD - Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 1.4820$ with targets at 1.4880$ next 1.4935$ in extension.

Alternatively, Bearish Scenario: Short positions below the daily pivot point 1.4820$ with targets at 1.4765$ next 1.4700$ in extension.

GBPUSD - Daily Chart Support and Resistance levels

Resistance: 1.5010, 1.5195, 1.5315, 1.5480, 1.5555, 1.5620
Support: 1.4750, 1.4695, 1.4570, 1.4415

USDCHF - Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 0.9710 with targets at 0.9765 next 0.9810 in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 0.9710 with targets at 0.9665 next 0.9610 in extension.

USDCHF - Daily Chart Support and Resistance levels

Resistance: 1.0130, 1.0240, 1.0300
Support: 0.9485, 0.9450, 0.9345, 0.9165

USDJPY - Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 120.05 with targets at 120.30 next 120.60 in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 120.05 with targets at 119.70 next 119.45 in extension.

USDJPY - Daily Chart Support and Resistance levels

Resistance: 120.35, 122.05, 122.50, 123.00
Support: 119.30, 118.25, 118.00, 117.05, 116.85

USDCAD - Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 1.2685 with targets at 1.2765 next 1.2840 in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 1.2685 with targets at 1.2630 next 1.2575 in extension.

USDCAD - Daily Chart Support and Resistance levels

Resistance: 1.2725, 1.2835, 1.2920, 1.3000
Support: 1.2615, 1.2565, 1.2405, 1.2350, 1.2045, 1.2020

AUDUSD - Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 0.7625 with targets at 0.7655 next 0.7695 in extension. 

Alternatively, Bearish scenario: Short positions below the daily pivot point 0.7625 with targets at 0.7585 next 0.7550 in extension.

AUDUSD - Daily Chart Support and Resistance levels

Resistance: 0.7740, 0.7845, 0.7940, 0.8035, 0.8090
Support: 0.7550, 0.7460, 0.7380

NZDUSD - Day Trading Strategies

Bullish scenario: Long positions above the daily pivot point 0.7465 with targets at 0.7490 next 0.7540 in extension.

Alternatively, Bearish scenario: Short positions below the daily pivot point 0.7465 with targets at 0.7420 next 0.7395 in extension.

NZDUSD - Daily Chart Support and Resistance levels

Resistance: 0.7575, 0.7695, 0.7700, 0.7795
Support: 0.7440, 0.7400, 0.7310, 0.7175, 0.7120

FXTM Online Analysis Department. www.fxtmonline.com