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analysis for today 6 / 9 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 6 / 6 / 2014
OPEN 139.88
HIGH 139.94
LOW 139.36
CLOSED 139.78
The third resistance (R3) 139.94 - ( 139.69 - 139.36 = 0.33 x 2 = 0.67 )= 140.61
The second Resistance (R2) 139.69 + 139.94 - 139.36 = 140.27
First resistance (R1) 139.69 x 2 = 279.39 - 139.36 = 140.03
pivot points 139.94 + 139.36 + 139.78 = 419.08 / 3 = 139.69
Support for the first (S1) 139.69 x 2 = 279.39 - 139.94 = 139.45
Support second (S2) 139.69 - ( 139.94 - 139.36 = 0.58 ) = 139.11
Third Support (S3) 139.36 - ( 139.94 - 139.69 = 0.25 x 2 = 0.49 )= 138.87
analysis for today 6 / 9 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EUR/JPYon the date 6 / 6 / 2014
OPEN 139.88
HIGH 139.94
LOW 139.36
CLOSED 139.78
The third resistance (R3) 139.94 - ( 139.69 - 139.36 = 0.33 x 2 = 0.67 )= 140.61
The second Resistance (R2) 139.69 + 139.94 - 139.36 = 140.27
First resistance (R1) 139.69 x 2 = 279.39 - 139.36 = 140.03
pivot points 139.94 + 139.36 + 139.78 = 419.08 / 3 = 139.69
Support for the first (S1) 139.69 x 2 = 279.39 - 139.94 = 139.45
Support second (S2) 139.69 - ( 139.94 - 139.36 = 0.58 ) = 139.11
Third Support (S3) 139.36 - ( 139.94 - 139.69 = 0.25 x 2 = 0.49 )= 138.87
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