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EUR/EGP Woodies Pivot Points refer to the price level of significance of the EUR/EGP market in technical analysis. It can be used as a predictive indicator of movements in the EUR/EGP market. Woodie's pivot points are similar to classic pivot points, but are calculated a bit different, giving more weight to the Close price of the previous period. Support & Resistance concept refers to the movement of the price of an instrument and represents the point at which the supply and demand meet.  Support is the price level at which demand is thought to be strong enough to prevent the price from declining further and Resistance is the price level at which selling is thought to be strong enough to prevent the price from rising further. There are various kinds of Pivot Points calculations (Classic, Fibonacci, Camarilla and DeMark's), on this page the Woodies way is presented.
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Woodies Pivot-Punkte

 
Name S3 S2 S1 Pivot R1 R2 R3
Woodies - 9.0256 9.0265 9.0274 9.0283 9.0292 -

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Woodies Pivot-Punkte

 
Name S3 S2 S1 Pivot R1 R2 R3
Woodies - 9.0239 9.0254 9.0279 9.0294 9.0319 -

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Woodies Pivot-Punkte

 
Name S3 S2 S1 Pivot R1 R2 R3
Woodies - 9.0177 9.0229 9.0267 9.0319 9.0357 -

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Woodies Pivot-Punkte

 
Name S3 S2 S1 Pivot R1 R2 R3
Woodies - 9.0049 9.0147 9.0304 9.0401 9.0558 -

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Woodies Pivot-Punkte

 
Name S3 S2 S1 Pivot R1 R2 R3
Woodies - 9.0025 9.0137 9.0299 9.0411 9.0573 -

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Woodies Pivot-Punkte

 
Name S3 S2 S1 Pivot R1 R2 R3
Woodies - 8.9716 8.9966 9.0332 9.0582 9.0948 -

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