June 2nd 2021
By using point & figure charts we can clearly see the areas of support and resistance closest to the market price.
We use this information to formulate our strategy. Whether we want to buy or sell in range trade, or see clearly when the range is broken.
If we have this information you can trade at the right price entry and exit points, making the right trading decisions. Giving you the edge.
To know more about trading contact support@8dragonstrade.com
MAJOR Pairs
USDJPY
Resistance 109.80 and 110.20
Support 109.30 and 108.90
EURUSD
Resistance 1.2260 and 1.2310
Support 1.2180 and 1.2130
GBPUSD
Resistance 1.4200 and 1.4250
Support 1.4130 and 1.4090
USDCHF
Resistance 0.9030 and 0.9080
Support 0.8940 and 0.8890
COMMODITY CURRENCIES
USDCAD
Resistance 1.2100 and 1.2150
Support 1.2020 and 1.1970
AUDUSD
Resistance 0.7780 and 0.7820
Support 0.7710 and 0.7670
NZDUSD
Resistance 0.7280 and 0.7320
Support 0.7220 and 0.7170
CROSS-CURRENCY PAIRS
EURJPY
Resistance 134.10 and 134.60
Support 133.40 and 132.90
EURGBP
Resistance 0.8680 and 0.8720
Support 0.8610 and 0.8570
GBPJPY
Resistance 155.50 and 156.81
Support 154.80 and 154.20
GBPCHF
Resistance 1.2740 and 1.2790
Support 1.2670 and 1.2620
EURCHF
Resistance 1.1000 and 1.1030
Support 1.0930 and 1.0880
GOLD
Resistance 1910.00 and 1920.00
Support 1896.00 and 1886.00
Analysis from http://www.eightdragonscapital.com
8DC FX 