1 : Data of the day D-1 used to calculate the RS of the day D (open, close, high, low)
The column ‘Move’ offers the variation of the last day on each parity.
2: Daily Resistances and Supports (J)
R2 = Resistance 2
R1 = Resistance 1
Piv = Pivot Point
S1 = Support 1
S2 = Support 2
3 : Data of the day W-1 used to calculate the RS of the week W (open, close, high, low)
The column ‘Move’ offers the variation of the last week on each parity
4: Weekly Resistances and Supports (W)
5 : Data of the day M-1 used to calculate the RS of the week M (open, close, high, low)
The column ‘Move’ offers the variation of the last month on each parity
6: Monthly Resistances and Supports (M)
7: Date on which the table have to be used
NB n°1:
- If the price is below S2, the cell is becoming red, which show that S2 is broken
- If the price is below S1, the cell is becoming red, which show that S1 is broken
- If the price is below the pivot point, the cell is becoming red
- If the price is above R1, the cell is becoming green, which show that R1 is broken
- If the price is above R2, the cell is becoming green, which show that R2 is broken
- If the price is above the pivot point, the cell is becoming green
NB n°2: The resistances and supports tables is update after the daily close.
FOREX stands for Foreign Exchange - which means currency market. The Forex market is where currencies are sold, bought, in the form of parity. On the Forex market, all currencies are traded in real time, 24h/24h, 7J/7J. The Forex is open since few years to individuals, single investors wishing to diversify their investments or pure speculators. The access to foreign exchange market for individuals is offered through Forex Brokers.
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