http://prntscr.com/49phsc
analysis for today 8 / 5 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 8 / 4 / 2014
OPEN 0.7973
HIGH 0.7983
LOW 0.7957
CLOSED 0.7957
The third resistance (R3) 0.7983 -( 0.7966 - 0.7957 = 0.0009 x 2 = 0.0017 )= 0.8000
The second Resistance (R2) 0.7966 + 0.7983 - 0.7957 = 0.7992
First resistance (R1) 0.7966 x 2 = 1.5931 - 0.7957 = 0.7974
pivot points 0.7983 + 0.7957 + 0.7957 = 2.3897 / 3 = 0.7966
Support for the first (S1) 0.7966 x 2 = 1.5931 - 0.7983 = 0.7948
Support second (S2) 0.7966 -( 0.7983 - 0.7957 = 0.0026 ) = 0.7940
Third Support (S3) 0.7957 -( 0.7983 - 0.7966 = 0.0017 x 2 = 0.0035 )= 0.7922
analysis for today 8 / 5 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURGBP on the date 8 / 4 / 2014
OPEN 0.7973
HIGH 0.7983
LOW 0.7957
CLOSED 0.7957
The third resistance (R3) 0.7983 -( 0.7966 - 0.7957 = 0.0009 x 2 = 0.0017 )= 0.8000
The second Resistance (R2) 0.7966 + 0.7983 - 0.7957 = 0.7992
First resistance (R1) 0.7966 x 2 = 1.5931 - 0.7957 = 0.7974
pivot points 0.7983 + 0.7957 + 0.7957 = 2.3897 / 3 = 0.7966
Support for the first (S1) 0.7966 x 2 = 1.5931 - 0.7983 = 0.7948
Support second (S2) 0.7966 -( 0.7983 - 0.7957 = 0.0026 ) = 0.7940
Third Support (S3) 0.7957 -( 0.7983 - 0.7966 = 0.0017 x 2 = 0.0035 )= 0.7922
تبصرہ
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