Trends and Pivot Points for Crosses

Published February 20th, 2008 - 02:48 GMT
Al Bawaba
Al Bawaba


Beginning tomorrow (February 20th), the schedule for crosses will be

Monday: EURJPY, GBPJPY, CHFJPY, CADJPY, AUDJPY, NZDJPY

Tuesday: EURGBP, EURCHF, EURCAD, EURAUD, EURNZD

Wednesday: GBPCHF, GBPCAD, GBPAUD, GBPNZD

Thursday: AUDCHF, AUDCAD, AUDNZD

For now, we wanted to provide the trend and pivot analysis that we provide at the start of the week for the majors.


TREND ANALYSIS is based on a rolling pivot model.  LONG TERM TREND is determined by the last 3 months of price data (high, low, close).  SHORT TERM TREND is determined by the last 4 weeks of price data (high, low, close).  R3, R2, R1, PL, PH, S1, S2, and S3 are provided to aid in identifying entries and exits.  These are objective measures and our subjective analysis (STRATEGY) may differ.