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USD/JPY: Dollar, hovering below 99.60; downside correction needed
FXstreet.com (Barcelona) ? Dollar rally from 95.60 low on April 20 seems to have stalled at 99.60 resistance level, and the pair, According to Valeria Bednarik, collaborator at FXstreet.com is overextended, in need of a downside correction.The dollar remains bullish although, according to Bednarik, needs some downside correction to continue higher: ?Clearly bullish yet overextended pair needs some downside correction at this point to continue rising. Daily maximum at 99.58 reach exactly the 23.6% level of the daily Fibonacci retracement
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Determining The Exit Point Of The Suggested Trades.
Hi Julien,I traded the USD/JPY this morning, successfully so, thank you.I have looked at your chart which accompanies your suggestions, on this I have tried to establish the determining factor for your recommended exit point. (94.50).I would like to know why at that point? What on this or a longer term chart gives you this point please.This is not
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Points pivots de Woodie
Points pivots de Woodie des principales paires de devises du forex (marché des changes). Les points pivots de Woodie sont calculés en fonction du fuseau horaire.
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Fib Pivot Calculations
Hello,First off thanks for having such a great site.I am trying to calculate the Fibonnaci pivots by hand and can not by all attempts come up with the same no.s the calculator arrives at.Can you give me a work thru of say level R1 once the pivot is arrived at? Can you spell it out for me?Thanks in advance. Xman
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